CXG
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2.27% 21.5¢ coote industrial ltd

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  1. zcb27
    34 Posts.
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    18/06/09
    16:59
    Post #: 5297163
    I agree!I buy today for another 20000 shares at 0.25.cxg's financial position will be much better than before.With ELP's injection of au$7.8m and higher au$ exchange rate means fewer forex lost or even favour for cxg.In the first half,cxg has around 3.5M lost in forex.and the billing cycle means more receivalbe in the second half.with the sale of logistics group,cxg will have less debt and more slim to go!cxg's price is 1ess than 10% of peak price.
    cheers!
    CXG Price at posting: 19.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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