CLG 5.71% 16.5¢ close the loop ltd.

Ugly IMO, largest volume day in well over 12 months and finished...

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  1. 244 Posts.
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    Ugly IMO, largest volume day in well over 12 months and finished red.

    The ASX is a funny one, plenty of companies in the commodities space reach near billion dollar values based on nothing more than speculation and hope. Meme stocks "mooning" off ridiculous announcements looking for things in the ground or whatever, heck BRN gets a response from Intel on twitter and its rocketed back up to $900m market cap, for what? They make no money and probably never will.

    And here we arguing about CLG and their "sloppy" result which by comparison to some companies looks glorious. So funny old market, I guess some of the very valid questions posed above need to be answered in the next 6-12 months or this will just continue to trade sideways.
 
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