CCM 6.45% 6.6¢ cadoux limited

Ann: FYI Resumes Control of HPA Project, page-185

  1. 774 Posts.
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    I burnt my fingers badly on this….assumed that a company like Alumina wouldn’t just pull out of a contract and kept doubling down as the price dropped. This has been a big learning lesson…if a top company is truly supporting a project, the share price really has no reason to drop, and yet if it does as in FYIs case, then all is likely not bloody well, no matter if right noises are coming from the company every so often. I exited at less than a quarter of what I paid…will wait for a better time to enter when a long term up trend is sort of established (hopefully around the 3c mark!!)…

    GLTAH
 
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