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.
- Forums
- ASX - By Stock
- dow hurting cbh
35c? That's a bit extreme. I do agree that if the US continues...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CBH (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.390M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CBH (ASX) Chart |
Day chart unavailable