CXY cougar energy limited

nice support building at 1.8, page-7

  1. 6,454 Posts.
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    Not before the Chinese project registration is granted and whilst we are going through a market correction and tax loss selling.

    CXY spiked to 5.6 on the hint of a project China when market conditions were "normal". Confirmation of registration should produce a SP of at least that, assuming the correction is over. Confirmation of project registration will be the SP driver going forward, because without it, CXY's project isn't much use to anyone.

    It's a real shame that the market correction has occurred whilst we are waiting for registration to happen. No news during a 10% correction equates to a falling share price...


 
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