CES today recieves s speeding ticket as stock soars over 40%. Point number 3 on the price query from CES highlights why this maybe.
3. The Company has no other explanation for the price change and increase in volume of the securities of the Company other than favourable market commentary regarding impending coal shipment from the Company?s Abadi coal project as announced on 22 September 2010.
The clause "favourable market commentary regarding impending coal shipment from the Company?s Abadi coal project" Says it all, from Faris Azmi Abdul Rahman Executive Director
Thank you Faris for confirming the offtake aggreement is set in stone IMO.
Like I said Pach, my sell target is 50 cents.
AQJ Price at posting:
13.0¢ Sentiment: ST Buy Disclosure: Held