There is a lot of pent up enthusiasm developing around CDX at the moment with some quality posters adding credibility to it all. What happens next will be interesting. My guess is that as approvals continue to materialise then some bigger players will start taking a stake (which might have started already) other lesser players will be watching their graphs and start jumping on board - all of which should show a steady increase in share price. My only concern is now it becomes a very tempting proposition for a capital raising although there are other ways to raise capital outside of issuing more shares.
All in all it seems patience may be paying off and it now looks like one of the more exciting opportunities out there.
Add to My Watchlist
What is My Watchlist?
