CIY 0.00% 3.6¢ city pacific limited

too cheap at 70c, page-7

  1. 78 Posts.
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    Mr Market is simply doing his job at the moment. There's very little good news to sustain the stock - the mortgage fund debt is being repaid slower than expected and the asset sales are sluggish too.

    And where's the Marina Fund they were going to launch in May?

    And if the directors though the company was a ripping bargain in January, why aren't they filling their boots now?

    One positive is that the value of volume traded is hardly a rush for the exits.

    Remember, always darkest before dawn...

 
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Currently unlisted public company.

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