Can anyone offer some fundamentals on this one? Seems to pay a decent fully franked dividend, has increasing net profits and return on equity. Fundamentals aren't my strong point but reading through its financials, the company seems to be growing shareholder wealth.
Technically it looks great. Has fomrmed a new trend and about to cross the 200ma. The 65 & 21ma's are pointing up and looks to have punched through resistance at $4.40 and heading towards $5.
I know it's not a dynamic resource stock that will offer 100% gains overnight, but it seems to be one for the investors. I have read that Roger Montgomery used to cover it. I was hoping anyone who has a some previous experience with this one, fundamental or technical could provide some valuations as i can't fing any broker coverage. Thanks in advance
CCP Price at posting:
$4.46 Sentiment: LT Buy Disclosure: Held
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