A half share in the output of a plant and mine that are going to cost an investment of over $10 a current CMR share. (CMR get use of $5 worth for free) Even if CMR could raise that how much would current shareholders be diluted? By about fifteen times I'd say. And shares are selling at 70c? I said it was a no brainer a few months ago. Buy and hold. Not daytrade-Its two or three times more a no brainer just now. Im up to my allowed limit in my portfolio, diversification wise. Might wangle a few more though, here and there. But the big earn will not come next week or next month. Meanwhile a spinoff with some hot prospects in western NSW, exploration upside, uranium upside, no further calls on capital. Plus a commodities supercycle, now consolidating.
CMR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
