CBH 0.00% 7.0¢ coolabah metals limited

Macquarie research put 24cps on this back in July, certainly has...

  1. 59 Posts.
    Macquarie research put 24cps on this back in July, certainly has the potential to go higher, a rights issue of convertible notes at 20cents each for every 5 shares paying interest at 9.5% per annum is also attractive and when you consider the fundamentals of this company a move above 24cps is not out of the question, some of you guys who keep talking about breaking through 21cps are to blame for keeping this down all you are telling the market is that you dont expect it to go higher by getting out at 21 all the time, been guilty of that previously myself on CBH but I am not selling this time
 
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