Hi Oilleak,i don't see any articles by you, what's happening? I just get tired of reading pathetic articles like every company seems to be a take over bid and why are peoples shares down.I can't believe how many idiots there are out there.Things are so bad that there is no credit available for bussiness to be done. The fallout has not really affected me to much as i am a long termer and continue to buy twice a month, so my average price is coming down all the time.I tried to buy this morning at 15.5 cents but nobody would sell. I only wanted 3400.If the dow is down in the morning before i go to work,i might try again.I mentioned to you (about six months ago ) that the debt was to high and should have been brought down.I always say cash is king.
We had a downgrade on profits but at least our management team reckon we will weather this storm.I hope they curb their pay rises as this is a huge strain on the profits of cmv 12% for management alone.We should cap their salaries but have no power to do so.
CMV Price at posting:
9.0¢ Sentiment: LT Buy Disclosure: Held