CML 0.00% 1.2¢ chase mining corporation limited

Call me mad but I've found the safest stock on the

  1. 221 Posts.
    I think I've found the safest stock on the ASX.

    Doesn't come up often but if you run a line thru the significant lows 1996 and 1997 it hits $6.25. One could also argue for support @ $6.00 (hit 4 times and bounced) from 1997.

    Add to this, the fact that things couldn't get any worse. CML have been a shambles for 10 years.

    BHP and CSR were a couple of others where significant lows from different periods intesected at the current price.

    I will accept your lack of response to this enlightening post as confirmation that I have lost the plot. LOL
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