blockbuster announcements - madien profit

CUS released a barrage of blockbuster announcements after the close of markets - media stament, Open Briefing, FY 09 Results Investor presentation. Maiden profit of $6.24 M,
Net cash up 124%, network expense down 10.4%, transactions levels back to 90% after DC, nett debt $20.5M ( has deceased again as does not include July ) management looking at capital return to reward sharehlders early in the new financial year..and the news just keeps going...too much good news to report here.

Interesting to see what happens on open tomorrow. The mooted capital return may give the SP a nudge along. Caledonian Investments...private equity group has popped up on the register as a substantial sharholder.

From a charting perspective CUS appears to have broken out of the Rectangular Top it has been trading in for the last 3 months.. Low at $2.15 and high at $2.45. Rectangular tops with upside breakouts only fail 2% of the time with an average rise of 52%. Premature breakouts occur 11% of the time and there is a 53% chance of a throwback. Time to reach ultimate high is 8 months