Champion Iron Ord Shs T.CIA

Coincidence

[Sawasdeekrab]

Since we had the meeting where they increased a bit they "salary", I realised that the stock keep going down... Is it a coincidence?

August:
24= 5.24$, 25= 5.61$, 26= 5.22$, 27= 5.47$, 30= 5.50$, 31= 5.41$

September:

01= 5.29$, 02= 5.42$, 03= 5.41$, 07= 5.26$, 08= 5.07$, 09= 4.97$, 10= 5.10$, 13= 5.06$, 14= 5.12$, 15= 5.07$, 16= 4.94$, 17= 4.70$, 20= 4.40$, 21= 4.43$, 22= 4.59$, 23= 4.54$, 24= 4.48$, 27= 4.60$, 28= 4.43$

Thoses numbers are at the closure of the stock market each day.

[someday2]

This post has been removed in accordance with Community Policy

[Thumb1972]

I suggest the vote in favor of salary increases and drop in share price is purely a coincidence Sawasdeekrab. There's plenty of other factors in play right now causing our share price to go down. Just for comparison, here's the share price performance for a number of IO Companies from 24 August to 29 September (some listed are not purely IO companies) -   VALE = 26% down FMG = 25

[Sawasdeekrab]

Actually I realized that I wanted to put a question mark after "coincidence"...

[PROINVESTALOT]

It is totally because iop drop but as the stock was already undervalued, we are still in the same situation... Ok let me explain my thinking. Some guys here will get nuts if freaking out at every significant move in iop. You invest in a company like CIA for the long, which is not that long if you considering phase 2 completed and starting production by next summer. IOP is very volatile and will