confidence stock

May to june June we went from 1.7 to .7's on lowlish volumes. Asx went from 4,400 to 4,000 over same period.

Now asx now at 4,400 again and heading back down... Though this time we are starting from $1.00... Though this time we have much more volume...

Actually at a loss as to what this all means!!!

Someone is buying, I still think that if a deal was done on financing - part of it would have included the partner buying on market- especially if they got a good deal. I would love to see the share register..

I would love to track the stock against a market sentiment index- does anyone have this?

Chart bnd vs cpl and look at the trends- almost identical movements.

We need some positive news on coal, china's decline in its rate of growth (which is still at 7+% growth) seems to be bottoming out... I would say there will be a good kick up once the new party takes over.

At this stage securing of finance will have limited impact (IMO)..... Hope I am wrong ..


Good luck all.