CCM 6.15% 6.9¢ cadoux limited

agree with a lot of your sentiment Balduran, and I am still...

  1. 162 Posts.
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    agree with a lot of your sentiment Balduran, and I am still holding but scratching my head....The bit that still puzzles me and I can not reconcile in my head....is that it was less than 6 months ago that Roly, whilst deep deep into the Alcoa JV negotiations, reached into his pocket and bought another $100K of shares at 53 cents...... so how can now after the JV has been announced 40c be "slightly undervalued" and why did Roly even after the JV announcement and massive drop in SP think the stock had been oversold..... clearly he thinks the value of FYI/Alcoa is worth more at the present time. So if the market doesnt agree then it surely it is that us mere mortals dont fully understand the deal and therefore more commmunication is needed, ( although I I think its also a bit late without something new to talk about,...) OR Roly started to believe all the press they were/are promoting ?


 
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