CML is threatened as becoming the industrial MIM. By continuing to dissapoint the market with no clear exit stratergy, investors could lose faith and abandon the stock... if it breaks the support run for cover.
MIM did the same thing when they used to trade >$3 then hit a low of 60c or so... this was during the time when BHP and RIO continued to grow.
In retailing I see HVN, WOW as the BHP's and CML, david jones as the MIM's of the retailing sector.
Anyhow, thats only my view.
CML Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
