CML 0.00% 2.0¢ chase mining corporation limited

where to from here - short & long term, page-4

  1. 635 Posts.
    The CMLWPO call warrants turned out to be a good play.
    A week ago these were bought for 13.5c
    Today's trading saw them close @ 23.5c (hi 24.5c)

    CMLWPO CALL WARRANTS 27 Mar 2003 $6.00 4:1
    Last sale 13.5c (27 Sep. 02)

    This is a 'long life' warrant - March 2003
    Maybe I took profit too soon, maybe not ?
    Perhaps there will be another opportunity on a dip.

    Now to the crystal ball - will CML continue going up on this side of the AGM. Any takers ??

    How deep are the pockets of Solly and his mates.
    And how big a slice of CML do they want ?
    Will they dump after the AGM ?

    ...... and what about this headline in The Australian:
    "New Coles boss's short stay.
    Coles Myer's hopes for a return to boardroom stability have been dashed with the revelation that chairman-in-waiting Rick Allert only wants the job for six months."

    Tricky situation at CML -
    - don't think the charts will tell us the whole story on this one. What do you think ?


 
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