Hibernation is a perfect description of CMP management.
They seem to sit on their Laurels following 20 years of research and the development of important and world-recognized health devices with registered IP.
Maybe old guys at the helm, happy to just muck around get their salary at month-end, mind you, they are brilliant at innovation but lack the spark, drive, or the capacity at marketing and growth.
Seems to me over the years of in/out of this company that shareholders are more excited about the potential of the company than management.
In the last few years, the SP has fluctuated btw 32c to 90c, with hikes in the SP were based on stories of potential and probability rather than actual meaningful growth.
This company is great for trading, buying in the mid 30c and waiting patiently, but very patiently,,, for hype over MEG and somfit stories, for the eternal believer in the potential of IP, Long term holding may work out eventually.
CMP Price at posting:
41.5¢ Sentiment: Hold Disclosure: Held
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