CAJ 0.00% 37.0¢ capitol health limited

nice buying action, page-7

  1. 1,365 Posts.
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    Well there it is, single low digit price levels achieved by CAJ. It has been an awesome run from 4c odd. I got a mate to check and for the past few weeks its been one broker lapping up everything, and guess who is on the other side.... drum roll, Pattersons!!!! Obviously they have stock left over from IMI acquisition, how many they have I dont know, but its basically been one mob mopping up everything they have to offer. I lightened a few CAJ at 11c, but bought them back at 10.5c hahahaha. I think CAJ has the ability to command a fat PE, so I really want to hold as much stock as I can. This is basically in TA sell territory for me now. So long as chart behaves I will be riding this one, fundamentally I feel the deep value is gone now, but something tells me we have a while to go yet.
 
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