Had lost interest in this stock and been trying to ignore it but... For the last couple of weeks it has kept catching my eye. Volume has been reasonable and consistently high in comparison to it's normal range and the price continues to climb slowly. Even on a market down day like today it was green with a late flurry in after market. Perhaps the rumoured takeover is closing in. Up 3.3% for the day. They did eventually get the speeding ticket and the response makes interesting reading. Reiterated the fact that they would not try too hard to fight off a suitor. I would be interested in a chartists view.
CIL Price at posting:
$1.55 Sentiment: ST Buy Disclosure: Not Held
