re: accumulation happening Not sure on when some news is due. Still a few months away from Wave trial I think.
Looks like someone likes the story and potential though and are building a reasonable holding in anticipation I think.
Seems that Macquaries have purchased almost 2.5 million shares in the last 6 weeks (so I have been told)
Hopefully their confidence will well and truly be rewarded down the track.
Not a stock for day traders but with cash around $3 million and the PDX holding currently worth around $3.5 million company is once again at effective cash backing only.
Wave trial and Gambia are being valued at nil.
Crazy and look very cheap to me but have for a long while. Frustrating though
Just my opinion
Doh
CNM
carnegie corporation limited
