CQC 0.00% 2.4¢ cuesta coal limited

The first volume spike on this leg up is attributable to Oct...

  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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