Some might say that the market is undervalued at current prices not just cbh. I would agree with them. That doesn't mean cbh doesn't have more to fall. Is cbh "worth" more than 40c? I don't think anyone here would dispute that it is. Is it quite possible that it will make new lows in the next 3-6 months? I think it's quite possible. I'm not dogging the share, just the market conditions we find ourselves in.
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