With insignificant volume being churned on a daily basis over the last few weeks i suspect that we have found a floor in the SP. The next run is imminent and will be vigirous let me assure you as the company is still trading at a fraction of true and fair value. Also note that capping/ BOT trading going on at the moment. There are approximately 25 lots of 3018/3019 parcels at 17.5. These 'traders' are trying to create the impression that there are a large number of sellers trying to sell - hoping that bunnys which some of you out there are to sell into their BS.. I hope that you are all smarter than that.. Where is ASIC and the relevant governing bodies when you need them.. They are all over companies which jump 1 or 2c handing out speeing tickets but fail to control the very fundamental aspect of the market. I encourage all of you to write into the the asx and ASIC asking for an explanation for the BOT trading/ capping in this stock. I'm certain that there are traders wanting to accumulate with the view that inevitably CER will rise sharply.
CER Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
