CQT 0.00% 51.5¢ conquest mining limited

news, page-6

  1. 17,257 Posts.
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    I mentioned the other day that my experience is that when a company makes an acquistion the immediate short term market reaction is to sell down. I guess there is always a knee jerk concern about funding debt issues etc. But CQT, whilst going down, has not taken a hammering and by no means has this drop happened on high volume. My guess is a even a fairly good resource upgrade will easily overshadow this recent drop.
 
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