The SP has rocketed due to operational resolutions and the imminent take over from bidding companies. When the RNS comes out this week the share price will rise further. It is worth holding for further upticks. Previous rises have been 500%. The company is in good shape now and essential has been bought out by China.
My advise is to capitalise this week and then see the SP go up! up! up!
The Pumps are in place, some debts have been paid, revenue is gradually improving and China will see this company as a long term investment and will no doubt try and buy more of the surrounding land.
Everything is in place for a surge of CNRD share price rise. 10 days away. I think the positive news gold prices, CRND 2014 annual results and the MOU expectation will see SP move up quickly at the end of the week
Is Tullow Oil vulnerable to a take over bid? Profit margins reduced drastically, glut in global oil supply, cost cutting. Is the SP rising because its well under valued or its due for a take over bid?
There is only 6 weeks to wait for an RNS on the bid of CRND. I think May with see this SP strengthen and rise quickly.
08
1 - 29/04 Buy 85000 12.00p £1,020,000.00 of CRND. Total purchase of CNRD for this mornings trading over 2m.
I think investors will start buying this share in May. When this SP rises it rises very fast. Investors who have done there research and want a large return with get in this stock and wait for it to go to 15 then 20 and up further. If you wait for the MOU announcement it will be too late.
The consensus is that CRND NV will be sold but will it go to a bid. The up-shot is it, could a and the SP would triple. The downside is the MOU doesn't do through and the SP stays at the resistance level of 11-15 SP.
The SP of CRND has naturally dipped due to the MOU being pushed back 2 months. This has created some uncertainty for some investors. But it only means that more interested parties are involved. Such as: Huili Resources (Group) Ltd, Shengbang Jiabo (Beijing) Consulting Co Ltd, the Hiria Group and Beijing Ankong Investment