CML 0.00% 2.0¢ chase mining corporation limited

easy money for xmas holidays, page-6

  1. 5,363 Posts.
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    Hi Sandune,

    I was just thinking what a no brainer it has been so far and wondering why I didn't leverage using cfd's (up to 97% LVR) instead of margin loan (75% lvr).

    I'm in at $13.71...was a bit slow to take a position.

    Plays like this (a bid for a top 10 listed company) don't come along everyday. IMO its just too large a company with too many small mum and dad investors for anything to come up out of left field. I'm calling a slow predictable run of events...a second bid...possible special divvy declared next week...a third bid etc.

    May start taking profits around $15.50-$16.00


    Ajax
 
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Currently unlisted public company.

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