CXG 2.27% 21.5¢ coote industrial ltd

Up another 12.6% today. That is 49% gain from its low on...

  1. DSD
    15,757 Posts.
    Up another 12.6% today. That is 49% gain from its low on Monday!! Leveraged players forced to sell at any cost by terrified lending institutions saw engineering sector waaay oversold this past week. Has provided incredible buying opportunities. Several stks fell to PE of 3 and divs of 30%+%
    SP looking to retrace back to about 80c in next 2 months IMO.
 
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Currently unlisted public company.

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