CLR carabella resources limited

m_m, these companies all have enormous capex. However they still...

  1. asf
    9,887 Posts.
    m_m, these companies all have enormous capex. However they still continue. CLR has lost close to half its market cap/share price in close to two months. It has also been mooted- in the past, at least- as one of our prime takeover targets. Is is just capex, do you think, plus some disadvantage for expensive retrieval? Does the low SP make it a juicier target?
 
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