CMQ 0.00% 8.3¢ chemeq limited

traded below 90 cents, page-4

  1. 34,500 Posts.
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    CMQ has been in downtrend since 2003, and hit a 4 year low.

    Unless they make some serious sales and produce some money they could be starting to have some problems don't you think? Their product has been around for quite a while, yet they seem to keep having to raise cash and can't produce large sale quantities.

    They have 49million cash in the bank and a market cap of 92million which has sinficantly dropped since 2003 when it was over $6.

    Why does the share price keep dropping then, ASX queried then on 18.11.2005 and CMQ could find no reason for the drop, is there something else the market knows that CMQ doesn't?

    Techically looks like going to bounce again soon though. Good luck with the CMQ trading, looks too scary for me but others may be able to make money with this ;)



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Currently unlisted public company.

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