CMQ 0.00% 8.3¢ chemeq limited

why it is a buy, page-2

  1. 654 Posts.
    Really depends on your view of their chances of success in the appeal, but I'd say you're kidding yourself if you think it's any better than 5%.

    So 5% chance to make a gain of 4x or 5x versus 95% chance of total loss.

    Or to put it in racing terms, you are betting on a horse running at 20 to 1 odds which only pays 5 to 1 or 4 to 1 if it wins.

    Seriously, you're better off betting your money on a horse with 20 to 1 odds that will pay 20 to 1, instead of betting on this stock.

    On the other hand, in terms of the entertainment value watching the twists and turns unravel with this company, CMQ is hard to beat!
 
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Currently unlisted public company.

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