Compare CNX with LNC and the SP story for the two is remarkably similar. 12 months ago CNX was around 28c and LNC was about $3.28. CNX has since fallen about 70% and LNC has fallen about 73%. But LNC has kicked a lot of goals in the last 12 months and CNX has had the stuffing kicked out of it and only had a few positives in the last few weeks. I'd like to be further along than what we are but considering the overall market conditions things could be a lot worse.
Cheers GLB
CNX Price at posting:
7.5¢ Sentiment: LT Buy Disclosure: Held