When all seems gloom and doom re. CML is the time to buy.
This is a company that is not going to go away - it won't dissolve overnight. It is a profitable going concern.
So Fletcher got it wrong ....short term ... estimates out by 40-50 million. Big deal!
It takes time to get momentum once the rudder of the QE2 is turned.
But I believe it is turned in the right direction.
Now is not the time to jump ship.
$6.40 - $6.50 may be the best chance to get set for what could be a steady and protracted turnaround.
My money is on a share price in excess of $7.00 by FY end '03.
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $53.99M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.2¢ | $1.127M | 50.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 4969948 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 3045000 | 3 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| GCM (ASX) Chart |