CIX 0.00% 47.0¢ calliden group limited

high turnover, page-22

  1. 5,648 Posts.
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    Looks to me like someone wants some at 0.12. One wonders whether CIX should be doing a buy-back at that level - certainly, and I quote, a level that "represents good long term value to existing shareholders" (I believe that is the term they use).

    Technically, it seemed to make a good base at 11/12, so some kind of rally from here would not be out of the question. Volumes on offer are very thin (and a bit gappy), but I can see 15 cents on the shortish term.

    Hangin in there!

    Regards
    Kit
 
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Currently unlisted public company.

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