Hi Healyn - honestly - I just happen to be here :-))
I only bought 3700 on float open at 65 - not in a hurry to jump over the cliff with them as yet :-).. It was a "just in case" order - just in case they zoom to $1!
I have little doubt that when the profit figures come in - the market will realise the value of the NSW Child care market. The way I see it - the market may falter - but people still need to work and still require child care centres to provide a service. Besides - Childs is a great operator.
Still feel that the company will be bought out eventually - they all have been - ABC just about owns the corporate C. care sector. I was also thinking of doing an average down... but I noted that when the market went down on Monday and Tuesday - CFK went up both days - had a bit of a spurt today to 49 - won't be long and we'll see it back over 50 again. If I see 52 soon - this will be my sign to move in. Cheers SB
CFK Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held