CQC 0.00% 2.4¢ cuesta coal limited

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  1. 68 Posts.
    The first volume spike on this leg up is attributable to Oct 24th.

    I am a massive fan of CQC for its MC/Cash position. I identified this and entered at 10c the next day.

    Stocks in this situation are a staple of my investment strategy, I couldn't care less if they are drilling for coal, gold or peanuts.

    They don't seem to be burning their considerable cash reserves like drunken sailors, I have alot of respect for that.

    The investor presentation released Oct 31st may account for alot of the momentum of late.

    CQC has a bright future ahead of it, how long I hang around to see that realised is another matter.
 
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