You are right again. Conti did show us a green outcome on a red day - momentum can build. It really is a matter of investor sentiment. At these levels it is a buy according to GMP and Edison brokers reports. Strong buying and holding will result in the sp building momentum i.e. where the definition of momentum is investors expecting to see the sp rise with the sentiment of 'better to jump in while the sp is low and is on the way up again'. Many are watching to see when CCC is going to skyrocket. It is looking good now. JB buying at 6.6c is a fair indication that CCC is undervalued.
Newminer1000.
CCC Price at posting:
57.0¢ Sentiment: Buy Disclosure: Held