CWR Is No Stranger To Volatility19 Oct 2023 07:13
If you look at the charts you’ll see for yourself that for example from the 6 July 276p - 21 July 430p the price shot up or that from the 20 Sept 384p - 18 Oct 236p it sunk. This kind of volatility is what makes stock manipulators, shortest etc lots of quick cash. When I wrote in an earlier post that the management needs to put a halt to the slide, I was wrong as market forces that drive the share price are out of their control. Management’s job is to bring in the results quarter after quarter, build up cash flow, invest into growth and keep the ship on the right course, which they have delivered on all fronts and continue to. We just need to be patient and hope the right kind of share investors will find these lower prices attractive enough to jump on board.