would be interested to hear peoples thoughts on how things will play out on tuesday on the back of the assumption that CXY manages to put together a funding package that completely covers the cost to develop the queensland UCG project.
will we see a significant re-rating higher now that the funding issue has been taken out of the equation or has this premium already been reflected in the shareprice to date.
I know myself having bought at 9,10.5,14,20c a price around 35c would be very tempting to take some profits.
CXY Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held