Hey Flight500 i thought id respond to your shareprice question...

Hey Flight500 i thought id respond to your shareprice question and in a new thread as its off topic of the last thread.

The SP found a lot of resistance around 30c 'prior' to the last announcements of thankfully yet due, positive interest overseas, this means the only reason we are seeing 28 cents is because of the high aussie dollar and related tight market; as a result, no one buying much of anything across the board yesterday and the few days before. There was over 60 million CXY stocks traded at 33,34 and 35c on friday, which tells you many people beleive that the share price of cxy is worth that much or more at this point in time. Unfortunatly whole market pullback has more pull than a positive annoucement thus the feared sell off over last few days. On that note, only about 10 mill in trades pulled it back from approx 34c to 28 c from late fri and monday, So obviously there is a lot of people frustrated at the aussie dollar and bearish market at the moment =), which means when some market stability is met their will be a lot of bargain hunting buying across the board + buying anticipated pending final approvals of CXY due in about a month. There shouldnt be much selling of CXY from then.

I must add in despite all the headaches and pains for Cougar in QLD, I am happy they are now heading overseas as future company progression will occur a LOT faster there than it would of in QLD/Australia