CBH 0.00% 7.0¢ coolabah metals limited

35c? That's a bit extreme. I do agree that if the US continues...

  1. 215 Posts.
    35c? That's a bit extreme. I do agree that if the US continues to slide and the asx hits around 5500 we might get an intraday that low, but I highly doubt we'll see a close that low. The markets want to bounce and I think cbh has taken quite the beating lately.......just like it did in the last correction. The difference this time is all the positive news thats come out in the past 3 months.

    I'm sure there are quite alot of investors that bought cbh in the high 50's or even in the 60's. Why did they buy it? Because cbh is churning out the $$$, making new discoveries and upgrading old ones and will be bringing new mines online. Those same investors are now wondering whether they should sell out at a 40 - 50% loss. What has fundamentally changed with cbh? Only the fact that investors can now get into cbh at a bargain price.

    By all means though sell your stock and I and other value investors will be there to take it off your hands.
 
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