Club Mulgoa

Sunday, October 16, 2011

CLR

I bought this sometime before the market went down. Why? It was for its prospective takeover but nothing is certain. So it has been a loss for me. Today I topped up because that activity is in the horizon.

http://www.theaustralian.com.au/business/mergers-acquisitions/carabellas-coal-mine-in-play/story-fn91vdzj-1226168581963

So we will see whether it has been profitable to ride on the tailcoat of a highly likely takeover.

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