CXY 0.00% 0.3¢ cougar energy limited

cxy to appeal derm decision, page-5

  1. DAV
    42 Posts.
    Thommoz.

    I've been watching it unfold all day.

    Like you, I agree, I would like to know wtf is going on.

    However, SP is down close to 19%, volume is extremely high... either someone know's what is going on or someone with a lot of stock has left his run too late to bail.

    Either way, this will be an interesting day.

    From the sounds of it out of the last ANN on Friday, CXY sound as if they are going to look at a revaluation of the Kingaroy plant and equipment, possibly use whatever equity they have in the to get out of dodge (QLD).

    I'm happy to hang on an reap the benefits over the next 36 months. :)
 
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