-
Share
17/09/10
17:04
Share
I am a bit disappointed how the SP lost 3c today considering the following:
1- The XAO is %0.7 up
2- Copper prices have risen
3- The management is buying back the share!
4- The trading volume is 624163 shares only!
The fall in the share price is due to the lack of buying, not heavy selling (considering the small trading volume)
I am quite surprised how negative the market is in relation to CDU these days!
It seems like the SP is heading back to $2 and will keep on trading within this range till the release of the next announcement IMO.
-