CML is presently sitting around its lonlong term support level. Since a low of $5.84 in early 1997, its only breached $6 on 2 occasions, briefly, then bounced each time.
It hit a low of $6.oo today. Discount card % reduced today, there are some obvious discount holders on the offer (share volumes in the 500's, why they didn't sell in the low $8's beats me), undisclosed buyer at $6.02 should be a (possibly temporary) floor.
Will be interesting to see whether CML holds its support. History says it will, but the market is unforgiving at present.
Not much call warrant activity so far, a few instalments bought.
CML Price at posting:
0.0¢ Sentiment: None Disclosure: Held
