CAB 2.67% $2.19 cabcharge australia limited

No worries, i can offer some greater wisdom for all those...

  1. 3,053 Posts.
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    No worries, i can offer some greater wisdom for all those wishful thinkers like you, no problem.

    In the last 3 months the sp when from $4.5 to $2.9 and thats only in 3 months! which is a 35% plunge
    The share price last year was $6 in October 2014.
    In the span of 1 month, the sp has plunged over 15%

    That my friend is a lying breed of dog's ....at this pace, this dog will reach 75 cents to $1 by the end of the year based on the above figures.

    All i can say is anything is possible, id just say that CAB needs to embrace some competition and change from Uber rather than wasting all its money and energy lobbying and being anti-competitive...in terms of the share price..........say no more!

    Id sell this dog before it plunges even further based on the sp trends seen in the past year

    All IMO DYOR
 
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