I agree with you completely brenden, I wasn't saying that cbh is "worth" 20c....I was just pointing out that anything is possible in a climate of panic and fear.
I've been looking into my crystal ball and will be buying cbh again when dow hits 11000, whatever the share price is at that point.
mightandpower was mentioning 12000 as a resistance level but I think everyone can agree that the dow will be smashing that.
How about
(65c*.618)= 40c.
65 - 40 = 25c!
It's anybodies guess at the moment, but if the market isn't being rational you shouldn't expect rational prices.
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I agree with you completely brenden, I wasn't saying that cbh is...
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