New Broker Research, page-8

  1. 9,562 Posts.
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    I sold a lot at 21 to 20 cents. Sold nearly 500k worth at a time when the company screwed over shareholders and announced a capital raising at mates rates. That downtrend was predictable and everything pointed in that direction to sub 14 cents. The global stock market turmoil has not helped and took it further than l anticipated and right back to my backstop. The share price was also heavily manipulated by sophisticated investors.

    I have tipped all of my CXM selling back in at a circa 12 cent average. Most at the 11 cent range but some higher. I bought back in as low as 10 cents which l still cannot believe.

    CXM has an extraordinarily bright future and is second to none as my most highly rated ASX listed company. This is like printing money and l expect a minimum of $300 million market capitalisation before too long. Make no mistake, dividends are coming to those who can long and stay super strong.

    I do trade with various accounts as l prefer anonymity and to reduce tax bills. Hence my participation in the Hotcopper community. I will declare when l exercise my options. CXM is a bottom drawer set and forget.

    I have a lot of followers who have benefited greatly by being drawn to many honey holes. Have a look at my trading history on Hotcopper and you will understand SmackDaddy. My only other current unfiltered recommendation that comes close to CXM is something for ME and for U. That is a triple threat whereas CXM is a known future proof double threat with other under-explored tenements.

    I expect the change in government to present really positive outcomes for CXM. The Food Affordability Fear Factor (FAFF) is real and will be a no brainer for a new government to have every intention to reduce via grants, subsidies, tax exemptions, employee incentives, joint investment in infrastructure and so many other supports. This can only help CXM become a lean green money making machine.

    It is noteworthy that CXM senior staff have apologised to me for the optics of the recent capital raising. I was also thanked for ploughing money into the company when it was most in need in in November 2020 during that capital raising. I respect all that and respect the board.

    Agriflex will do its thing. Imminent Oxley update. Game on.




 
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