CMR 0.00% 15.0¢ compass resources limited

Is all I'll be able to afford if the price keeps trending...

  1. 2,547 Posts.
    Is all I'll be able to afford if the price keeps trending down.
    Have not checked the number of shorts on cmr for a while. Surprisingly there are heaps more.
    CMR COMPASS RESOURCES NL FPO 964,407 12,702,651 .75
    To me it seems as though there are way more informed investors riding this one down.
    I m struggling to establish if the asx announcements or price is noise or fact. I know for certain the price is fact and now starting to become uneasy about the announcements. From what I keep reading here on hc about all the positives:
    how undervalued this one is
    Debt free
    Resource upgrades / exploration extensions
    Commodity boom
    Production is just around the corner (this is my biggest concern - do not know if management will deliver on theri re re revised schedule)
    ++++
    And CMR keeps bucking the trend trading way below fair value. It just does not add up.
 
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Currently unlisted public company.

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