Short-term share price is not at all a concern of mine.
Started to invest in Conti in April 2010 and have bought more and more as announcements have come through. I see the current price of 7.2 cents simply as an opportunity to further accumulate. Currently up around 45% from April.
I understand the frustration of the short-term speculators who bought in 2-3 months ago, but such is life. It is possible that there are plenty of other companies that may rise 300% in the next 4 weeks, but I do not have a crystal ball to tell me their ASX codes.
What I do know is that Conti has transformed itself since April, has a clear strategic and operational plan for the next 2 years and is a producer of a commodity that is more and more in demand. Over time share price will rise.
Gefi
CCC Price at posting:
72.0¢ Sentiment: Buy Disclosure: Held
