CPH 0.00% 0.9¢ creso pharma limited

I tend to agree if the Cr is at 19c then highly likely we will...

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  1. 4,153 Posts.
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    I tend to agree if the Cr is at 19c then highly likely we will see sub 20c once it comes out of the halt.

    In my experience it always happens. There will be traders all over this when it re opens looking for a quick win on daily support.

    I just got out yesterday, so like many looking for another re entry.

    It's fundamental what happens with CR's. Price gets pushed up to give the cap raising perceived discount only to see it retrace for all other holders who bought at the higher price.

    Given their game plan $ are needed and unfortunately a side effect of a CR is dilution

    Still I think CPH has come a long way in a short time and is setting up for a long term outcome.
 
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