possible takeover, page-3

1.125 plus as that is my av. LOL

I think it is still early days but obviously 2ic was correct in his prognostications to some degree.

With the both a Director and an insatiable "other" buying on market of late, I think it is still a little strange for the arc to talk her down so much. However, quite a few on market buying of late from Boards of other companies that I own, part from CMR, are mis-timed and well in the red. Not the best of timing myself either which is not uncommon atm for anyone.

The metals bear market, the fall in the POO & POG, plus the increase in the US$ has caught many flat footed. CMR has suffered bu the outlook can change at a drop of the hat.

I would not have thought she would've stayed under 1.2 for long and I still remain somewhat confident in her despite her apparent fall in HC short term sentiment.

Today's green close was upwards on a seedy day with lowish vol of $533K. 87 low was alittle too much - I believe the capitulation is over and she is oversold.

My stop loss was 93 but I held.