CM8 up on positive news ?, page-8

Holmesearth, the ASX has just gone through a few months of hell and all ridiculous valuations are coming back down to earth quick fast...

mbe, zip,mig and many others are fast retracing back to earth

The good thing is that CM8 has not been part of this exuberant irrational behaviour - other than the short lived rush to 37c

imo,

Mid year and end of year financials will prove which direction cm8 takes

Any announcement which leads to an immediate increase in revenues and or earnings will also help sustain a increase in market capitalisation

The market is now very cautious and sustained rallies must be proven by solid revenue and earnings growth over time..


DYOR and GLAH