selling depth around the 3 c mark is lower than a few weeks back so when it runs it should jump high in percentage terms. lets get another $1m EBITDA second qtr and i think we will see the stock moving. Patersons have a spec buy on it and a re rating closer to 6 cents if they can deliver anticipated profits - at the moment they have confirmed that this is on track. i dont think we will see 1 cents unless bad news comes out. if falls below 2 cents and fundamentally sound i'll be buying, maybe a bit above 2 cents, not sure, treading carefully for now.
CXN Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
