CPK 0.00% 0.7¢ cp1 limited

rumours

  1. 574 Posts.
    rumours abound about all the property companies
    im not sure what to beleive anymore

    my main concern is that after dropping the SP to almost 50% today, there is no news re etc to calm the selldown which breed more speculations

    my initial 15c estimate was close and i bught in @17 but from what i hear and seeing how the Rs ec are doing and knowing 50% of their portfolios in queensland/goldcoast etc im very wary. thsi could drop further

    im out @20c for a quick profit but im out mainly becos of uncertainties and the many gaps in the SP, if news is bad we will see it in the 10s
 
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