CMR 0.00% 15.0¢ compass resources limited

Looks like you were right about the market Oly and unfortunately...

  1. 800 Posts.
    Looks like you were right about the market Oly and unfortunately the last 18 months have been a bad time to hold or buy CMR. Can only say that in hindsight now.

    I remember you telling me that BHP would be cheap around $24 when it was $48. Didn't stop me buying at $43 and $40 on the way down though. Fortunately I have some cash aside to buy BHP and RIO when the time is right but with an average buy in price on CMR of $3.30 it looks like I might just hold them, assume a writeoff and then maybe I will be pleasantly surprised if they crawl there way back to triple figures again.

    I hope you keep posting on this thread because I think there is much wisdom in what you have been saying about where the world market and financial system is heading. Just a bloody shame that CMR couldn't get it's act together before the system started collapsing.
 
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Currently unlisted public company.

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