The Directors of CQU confimed several times their intention to...

The Directors of CQU confimed several times their intention to pay a 2 cent divident. They didn't and I lost confidence in them. So I sold at 4 cents.

Ask yourselves, the Company says it is making money so how is this passed on to share hoders. Certainainly not from dividends, and certainly not from capital growth. So whcy buy CQU. It seems to me to be an absolute dog of dogs.

I will maintain my position to sell around a million shares in CQU at the 17 to 23 cent level until such time as the Directors demonstrate they will honour their committments.