CXY 0.00% 0.3¢ cougar energy limited

Interesting reaction on the market.I take peoples comments and...

  1. aje
    89 Posts.
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    Interesting reaction on the market.

    I take peoples comments and feeling and also feel for you, however personally I do have a different view. the cap raise took us back to 00.4 currently, interestingly based on the cap raise the sells have not increased but reduced and we are in the low 70,s to sell as opposed to high 90's a few days ago. the buys however remain, and they remain strong so plenty of folks and see a bargain and others can see up side so don't want to bail.

    The court case, win, lose or draw, if you don't make lots of money it was pointless. I think the fact the government has not allowed the commercialization of the technology yet and has further hurdles in fact reduced any chance of Cougar taking any significant upside in potential losses form the action. Therefore they would be fighting to clear their name for almost no up side, again that is just my opinion.

    Now as a share holder, do I want to prove Qld gov wrong or get focused on showing some value which now we have further funds to do..... Personally I am disappointed with CXY long term, these actions today and in the last few weeks are the first time I have look positively forward to the future for CXY.

    Honestly but, I do understand a lot of peoples view
 
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