CMR 0.00% 15.0¢ compass resources limited

more delays and higher costs coming, page-26

  1. 56,510 Posts.
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    ..as an adjunct to that, I believe the gaps in visual depth are still promoting indecision. Won't take long before liquidity and confidence will return IMO. I refer back to 24/01 when on 889 vol she achieved a close of 2.04 (high 2.05) after an open of 1.785.after which she spiked to 2.54 the next day on only 1m vol.

    If New York holds up and the price gravitates upwards of 1.47, the probabilities are ever increasing that tomorrow will be a bonus in a more even handed re-rating this time.

    The shareholder update was pivotal IMO for a sentiment change little alone the fundamentals. We already have 1.016m vol - looks good.
 
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