CMR 0.00% 15.0¢ compass resources limited

where to from here, page-2

  1. 11,407 Posts.
    7 days time for the commisioning?

    I thought it was the end of the month.

    If thats the case...whats the problem? We should start to see a rise from now on.

    They have money in the bank and the resources, plant and about to be commisioned.

    There are many rumours out there about delays but the company denies it over the phone yet are not willing to re-0butt them through an announcement.

    Fair enough, just lazy management or useless..who knows.

    I notice short list on the ASX, CMR now only has 60,000, it was 90,000 yesterday...a very small number.

    Either way..being so close...I dont see it a case of hanging in there.

    The rumours may have been spread to get the share price down 50% so greedy hands could accumulate the whole way down and make a killing.

    Its a tight trading / investment market and I am seeing a lot of trading tactics I haven't seen before....CMR's share price fall may be part of this style of getting "not so sure" people to dump their shares right before a big rise.

 
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Currently unlisted public company.

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