Its not a question of if it will run, the question is when the run begins. Placement stock will be released later this week probably, no doubt a few players are waiting to see if we will get a pull back. From current trading though it looks as though we wont see one especially considering the overall market.
I was suprised the stock dropped back as far as it has from 80c but obviously a few knew a raising may be needed.
I have a little bit more dry powder for this one incase, I have nearly got my fill now. When the move begins my money will be on a mad scramble, which I dont want to be buying into.
Fun times ahead.
CBZ Price at posting:
53.5¢ Sentiment: Buy Disclosure: Held