CCM 1.59% 6.2¢ cadoux limited

Ann: Corporate Presentation, page-44

  1. 6,547 Posts.
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    So Fosters are quoting a price target of $1.19, nearly three times the current share price. This is about as clear cut as you can get that FYI has been oversold in the last week. Actually, had it gone from ~80c pre-announcement to $1.19, that would have merely confirmed many holders expectations, and everyone would very happy the agreement with Alcoa was going ahead as planned.
    I thought Roly did a great job of the interview today, the guy has the patience of a saint. The problem is your average retail investor who can't understand and appreciate what has been achieved here.

    All IMHO, DYOR
 
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