Monday, July 09, 2012

China Blue Chemical purchased

I have also reinvested some of the proceeds from the sale of Varitronix into China Blue Chemical (HK:3983). So far CBC has been a volatile investment and the share price is getting close to the three year low. Given the absence of negative catalysts being announced, I am curious as to the reasons for the sell off but, in any event, have added to my loss making position.

I paid HK$4.28 for the additional shares.

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