Well it's back to 1.7 so my next orders now waiting to be filled. I personally don't see much down side from here. CMO's market cap of $53m, their EBITDA forecast upgrade to FY08 8m, their recent debt reduction, the fact that they are well positioned for growth and are actively looking for other acquisition opportunities as all positive signs. On the short term down side it could be that the share consolidation meeting in January 08 is creating some uncertainity? I'd be keen to hear anyones views on where they feel the stock will track in the short and medium term and their thoughts on the current state of the share price which is strugling? From 2.9 to 1.7 so quickly is not good.
CMO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
