CBH coolabah metals limited

anomalous values, page-4

  1. 4,868 Posts.
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    i reckon this has been going on for a while - no substantial holder notice changes in recent times - so they are buying and selling downward picking up the cheapies and setting off stop-losses

    I think the new talk (and i emphasise this as of course I know nothing definate) about a takeover will have a lot more substance though and at least hold the line for a while, if not reverse the downtrend - there is a strong long term support level at around 50c so am comfortable it is close to the bottom



    A finish close to 50c today would be nice to show the buyers are back in control

 
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