thx monopoly....I just had a look at the chart my self and you are right...the first time it hit 21c was in Sept 2005. Since then they have issued 161% of their equity in new shares and the price has remained the same!!!! LOL
When I cast my mind back to then, I had a view that the company would be worth 300 mill within a year...ie 57c a share. Two years later its worth 287 mill...ie 21c a share.
The difference of course is that they own 5000 ATM's not 1500, they have "China Blue Sky" where they had none and they have new bottom line focused management where they had bullish macro focused management.
In hindsight, the company is a much better buy than it was then
......And that my friends, is what they call opportunity cost!!!!
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