thoughts, page-28

i can't really comment on that, however i have been a holder of CMO in the past, it returned a profit for me twice, but is now a definite opes prime casualty. ridiculously undervalued, sold down endlessly, and potentially a good technical trade right now.

it is a very profitable company, but it is in the wrong sector of an unappreciative market, and so right now there is equal chance it might just continue to get sold down.

FUT is a kind of well rounded bet for me. if it goes down its original plan of becoming a type of financing coy for the resource sector, i am sure cygnet will find ways of creating interdependence between its client companies thereby ensuring win win for all involved.

if, however, it pursues its own resource or JV, which is what i am hoping for, it is sure to fly on its own merits.