CML 0.00% 2.0¢ chase mining corporation limited

Your scepticism towards CML has been wise.Fletcher has...

  1. 1,816 Posts.
    Your scepticism towards CML has been wise.

    Fletcher has dissapointed the market, and now CML has lost the "Fletcher premium".

    The shares have fallen accordingly.


    I didn't think a CEO of Fletcher's experience would set a target that he couldn't achieve.

    A big dissapointment.


    Well done in sticking with the tried and tested WOW.


    My belief at this point in time, however, is that CML presents a much better risk/reward balance.

    WOW is overvalued imho...

    ... but this is irrelevant if you're trading short term calls, so all the best of luck!


    The $6.00 level should present a v.good buying opportunity in CML.



    I hold no position in CML.
 
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