$2 by end yr but I've been mistakenly over exuberant before :)
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CBL gets a mention in Roger Montgomery's newsletter.
http://rogermontgomery.com/its-good-...eid=9f402457b0
http://www.nzherald.co.nz/business/n...ectid=11528210
Well today's the day... judging from the few buy orders in as at 9:27, it doesn't look like there will be a huge bounce, although there is only one sell order in at $2 currently... should do ok I suppose as market conditions the previous few days have been quite positive.
(disclosure: I did not buy any due to various concerns I have, particularly with management, as stated previously, but as with every new listing, I am watching with interest)
I hope it does well. The IPO market is a bit lonely at the moment and it would be good to see a success.
Dual listings usually do quite well.
I didn't buy any this time as I have sold out of all my shares now for safety, but would like to see CBL do well.
This interview with Peter Harris in particular rang very hollow:
http://www.nzherald.co.nz/business/n...ectid=11525425
He had to default to the "long-term investors can see right through the current volatility" type statements, which never sit very well with me, and are too sound-bitey and vacuous in my opinion
Listed today now $1.72 .
Up 14% on the placement price. I'm happy with that.
what's up? sp is rocketing up today! the new UK acquisition is great one?