Ann: Appointment of Interim Chairman and Company Update, page-7

I just bought some at $0.055, and will buy a few more. Seems to be catching a bid the last few weeks, and is possibly at a long-term support area? But I'm not good at picking bottoms, so I don't hold at much hope. Gold and copper have done so well this year, but no response from CAE (because they need cash?). But sometimes these long unloved, washed-out stocks can go through a quick catch-up rally, once just a few people notice, and want to get in.

Chairman (Tom Pickett) has a big stake, which I like. He will be keen to see the price move up.