There was a mixed back in CSM stocks today after a very strong run up in the past fortnight.
Today: AOE down 2% (was down8% but recovered) SHG down 10% ESG was down but recovered to be 4% up - its mother stock HGO was down 1% MEL up 2.6% MPO down 2%
History would tend to suggest a major recovery on Wednesday or Thursday unless something happens overseas.
The announcement of the LNG plant for Queensland is interesting - has implications for gas prices in Australia.
MPO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held