CNX 0.00% 7.4¢ carbon energy limited

re: Ann: Quarterly Report and Appendix 5B - M... Sorry but I'm...

  1. 79 Posts.
    re: Ann: Quarterly Report and Appendix 5B - M... Sorry but I'm just a trader. This stock came up on some excellent software from Investor Centre that correlates trading peaks prior to an announcement. CNX showed an apparently consistent pattern of peaking followed by a "feel good" announcement followed by a sell-off. I made some good money running with the gamers. It is the consistency of this behavior that is so facincating with this stock.

    Now I recall it was an announcement that CNX made a while back about their Bloodwood Creek coal assets being split and stranded. Have looked but can't track down which announcement that was. If you find it let me know. Maybe this is the one announcement actually true.

    But, as inevitably as night follows day, expect another "feel good" announcement before 30 June for a last ditch grab before the final SHTF.
 
watchlist Created with Sketch. Add CNX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.