Nice post webbj. Regardless of the traders squabbling, I too think Cnw is a good short/medium/long term bet. Reason being going by the law of averages I predict conservatively they will have at least one maybe two more contracts signed before the next quarterly. One could be in the form of a more lucrative/sticky deal with the government, given one of their recent announcements, they are already dealing with the W.A police so it seems more than plausible, following this I believe they'll do a cr for an east coast aquisisition at a much higher sp than todays. Then I think the rocket will launch. I am not usually so bullish on a solitary stock but the more I dig up about these guys the stauncher my conviction becomes.
CNW Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
