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CM8 - What could be the positive catalyst?, page-49

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Jem3228

1 Posts.

29/04/18

10:16

Post #: 32745715
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Originally posted by Von Rico ↑

I bought on listing plus the rights issue at 0.25 so can empathise with singed fingers if he did the same as it has been a costly exercise to date.

But as you say you have got to look at what it is today, not back then. There’s a lot of water gone under the bridge, the team and infrastructure are far more developed, debt has been reduced significantly, cash flow will increase and share price is a third of what it was at the time of $0.25 CR.

Who knows, singed fingers could prove to be correct and whilst I’m also not happy with some of the past goings on from management, personally I see this as a recovery story from here and so I choose to stick with it.

(Just my opinion of course and others need to do their own research.)

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Von Rico and Bellcure, I have had my fingers burnt as well, all off the back on a recommendation, I am going to wait it out, don't have a choice, but all the same have enjoyed your comments.

CM8 Price at posting: 6.6¢ Sentiment: None Disclosure: Held
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