ALD 1.86% $28.95 ampol limited

does anybody think CTX is expensive at these levels? Not really...

  1. 70 Posts.
    does anybody think CTX is expensive at these levels? Not really followed the share, but noted it always getting a caning on the business channel and that was when it was a 8 - 12 dollar share. It appears to have gone (in Australia) from a refiner to a distributor (which given its dated refining plants)has been taken by the mkt as a good thing. Am I correct?

    Seeing some major corrections taking shape now (WOW COH and CCL) which is taking them back towards their more historic SP, just think CTX could be due a fairly large correction and am toying with the idea of shorting down to say $18.

    Neil
 
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