acorn capital a new substantial holder, page-4

Dex, you leave my leftun alone . . . its my rightun thats leaning too much! Now a chance to have a start of a look at Acorn Capital. Very difficult to judge the judgement of an investor that has beena round since 1998 but a couple of recent examples giove the potential of following this particular company.

First is SPH Sphere Investments where they declared a substantial holder notice on Mar 2009 when sp was around 24 cents and today sp is around 115 cents.

Second, is MRM Mermaid Marine where intial substantial shareholder notice was out on December 2008 when sp was 100 cents and today the sp is around 280 cents.

There are of course ones that haven't done as well, but all of them are from the era before the credit crunch period, so easily be difficult to understand.

Acorn Capital's investment approach is in large print on the front of their website it says ACORN CAPITAL - INVESTING IN MANAGEMENT . . . says it all about how they see the quality of CXY's team.

Australian Unity is their JV partner . . . good credentials there then.

Acorn Capital is the largest specialist microcap investor in the Australian market, so is one that the independent share buyers out there will follow.

All in all, today's Substantial Notice is an excellent fillip for CXY.