A couple of weeks ago, AMP stated to the market that they support Kiernan and CSM management.
Now we find out they have been dumping.
The sp has been whacked again on this latest info.
Also, the market isn't comfortable with the fact that profits this half will be down because of lower manganese and nickel prices however, we are supposed to rely on Kiernan's expertise in stating that prices will firm again in the second half. This could well be pipedream stuff.
All in all sentiment is running against CSM and the sp will trend down further unless there is a turnaround in that sentiment which I can't see happening for a while.
CSM is cheap but will get even cheaper. Avoid !
CSM
cosmo gold limited
amp should be investigated !
Currently unlisted. Proposed listing date: TBA
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