Winners and Losers for this week: GRQ & CMQ

Submitted by Marco on 18 June, 2006 - 18:25

The loser of the week is Chemeq Limited (CMQ) losing 18 per cent closing the week at 32 cents for no apparent reason. Notice that Chemeq is in a long term downtrend. It is interesting to note that Chemeq was a winner of the week a month ago. The winner of the week was GRD Limited (GRD) rising by 14 per cent to $2.48 on the basis of a positive investor presentation. The stock itself is volatile if you take the time to look at their chart price movement.

GRD Limited and Chemeq Limited is listed on the Australian Stock Exchange (ASX) under stock code s GRD and CMQ respectively. Check your charts!