Coppertown, it is simply a matter of opinions. Your against mine.
If the copper mines and industry are a bad as you think at present, or as you make it out to be, and all the companies are suffering from the same disease, how come that some copper companies are going strong, their share prices are solid and they are even paying dividends on an ongoing basis.? I don't know about you but I am still getting them and all with a Franking Credit attached to them as well.
Mate, unless you are part of this company or unless you are a promoter of this hot dog, you have to face the reality. And that is that we have been sold a mangy pup. And the market sentiment is telling you the same thing but looking at the share price of this Coy. Period.!!
If you believe that things are as good as you make them out to be, do you think that the market would think different than you.??
One thing is for sure here though. And that is that if we weren't to go down that road when it happened, our shares prices wouldn't have gone down by close to 40% as we are facing now. The cash alone in the Bank would have made sure that our share prices would have remained stable. I am still of the opinion that we have been sold the biggest mangy pup around while someone might have secured themselves a good solid and well paying job.
C6C Price at posting:
89.0¢ Sentiment: None Disclosure: Held