Stock price on the move ! Now looks like it will 'power on' from $2 +.No volume in the stock small daily turnover.
Will numbers in detention increase on Christmas Island because of the threat to close Manus Island in PNG ? This will create more work for CII's contracting business on Christmas Island.
There is no reason to expect the profit for 2015/16 will not be somewhat higher that the previous year. If this is the case then the dividend should be increased. Lots of cash !
CII Price at posting:
$2.03 Sentiment: Buy Disclosure: Held
