Watching the commentary from the 'political pundits' last night, their prediction is yet another hung parliament .........so not a good scenario for companies that CNX find themselves in...particularly as cash burn is a very relevant issue. It was implied that Rob Katter could be approached....if he is as mad as the 'mad katter' himself........it's lose cannon time. They say the apple doesn't fall far from the tree, I guess we'll find out soon enough. Overall, the election result was not our ideal scenario.
CNX Price at posting:
3.1¢ Sentiment: Hold Disclosure: Held