CIM 0.00% $22.00 cimic group limited

Delighted to see CIM rise very strongly today.It last hit strong...

  1. 370 Posts.
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    Delighted to see CIM rise very strongly today.
    It last hit strong support around $28 in late 2016 and went on to rebound up to $50 within 6 months.
    Having announced the Middle East writedown it recently plummeted to test $28.
    Now all the news is out and its annual results and forecast are sound- and the CEO has fallen on his sword- I suspect there is every chance of seeing $50 again this year.
    Only my views of course but I am so pleased I got in when i did.
    Good luck to everyone!!
 
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Currently unlisted public company.

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