I would like the current share trading to be consolidation but the large number of small transactions and the timely dropping of the share price leads me to conclude that 'other forces' are at play. I am now aged 76 years and over my investing life it is only in very recent years have I seen so many questionable trades and not limited to CMM. Maybe it is timely for me to gather some energy and ask CMM management if they have questioned the trading patterns. If yes, what were the responses from ASX and ASIC? In view of my past communications with ASIC including a Ministerial I have drawn the conclusion that they exist only as 'window dressing' - to give the impression that Regulation does exist.
I have seen nothing to suggest that CMM management are endeavouring to expedite the mine construction to take advantage of the current high POG and the drilling updates are like hen's teeth.
R1
CMM Price at posting:
$1.23 Sentiment: Hold Disclosure: Held
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