Just remember that she falls just as hard! Seems the ASX investors do not know that the share price should be derived by multiplying its US parent price by the current exchange rate because they have bid the share up astronomically above fair value mind you on low value. Do the sums and you will find CXC from its high of today is trading more than 25% above CDE's share price. All this whilst the USD is in free fall and the AUD is rising! CDE needs to jump US20c tonight to match todays high. To say aussie investors are unsophisticated is an understatement! What goes up in a straight line comes down just as fast!
CXC Price at posting:
$15.30 Sentiment: LT Buy Disclosure: Held
