I personally like CXY and will definetly buy this stock simply because of the fundamentals of this company. I used to hold CNX but sold it too earlier (sigh bugga). And when comparing CXY with CNX, both used identical technology which is UCG and CNX already proven that it works and can generate clean and sustainable electricity.
But i surely will wait after the SPP why? Because of this:
105 buyers for 9,949,479 units 101 sellers for 13,933,569 units
Yes, some of you may think that this may not be the case, but i have a few shares i have been holding and the SP has surely drop once people got their shares, sometimes even below the SPP. Dont get me wrong, I like CXY, but i just want to get it at a cheaper price.
So $0.083 will be my buy price!
Good luck all!
CXY Price at posting:
8.7¢ Sentiment: None Disclosure: Not Held