CPL 0.00% 2.2¢ csl finance plc

I'm a little disappointed the SP did not break through $1.00...

  1. 109 Posts.
    I'm a little disappointed the SP did not break through $1.00 mark and is now steadily dropping but I think this is the type of news that needs to be digested for a day or two before the real impact is seen. When HUN announced it had aquired additional leases, the price increased by a higher percentage on second day. Same thing happened to us when Highland was announced. Also, the trading halt said this release would not come out until tomorrow, so a few investors may not even be aware of this announcement. There are also North American investors who may not be aware of this as well. Given the above factors, I would think we may crack the $1.00 mark tomorrow. This is just my opinion, but I will be looking forward to tomorrow's trading session.

    JGo
 
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