A Ridiculous post, and moreso, some absurd suggestions.
No-one is pushing this shareprice down...it is falling on it's own merit, for a whole host of reasons which have surfaced over the past twelve months...and whilst many of them have already been discussed to death here, I'll rattle off a few anyway...
-massive cost overruns -concerns over profitability -falling commodity prices -resource downgrades -prevailing market conditions -removal from ASX200 -loss of confidence in management
I was a huge believer in Compass once upon a time, and CMR was extremely profitable for me, so I hold no grudges towards her. In reality though, what was once an EXTREMELY promising play which was awarded "Major Project Facilitation Status" by the Federal Govt, has become AT BEST a marginally profitable would-be producer....some of it through no fault of it's own, and some of it through poor management.
Manipulation???
I don't think so.
CMR Price at posting:
53.5¢ Sentiment: None Disclosure: Not Held
