30 cents and bouce! I'm in again! I reckon CIX must be thinking about a buyback - that is, surely the Board must have talked about it. Remember the previous buyback annoucement? - it went something along the lines of "CIX will purchase shares that represent long-term value for existing shareholders". If 30 cents ain't long-term value, then what is?!
I think we have seen the lows. You just never know I guess, but even if it double-bottoms it will be somewhere near 30. Definaly now worth a punt.
Best regards Kit
CIX Price at posting:
31.0¢ Sentiment: ST Buy Disclosure: Held