Yes Ivanowich that share consolidation is what we need, and i am expecting an announcement next week regarding same. The quarterly will come out first, hopefully with a continuation of an increase in revenue. Then a notice regarding AGM with a list of business items to be voted on.
This is exactly 12 months since CUS did their consolidation (10/1) when their SP was 10 cents. This is the time when all the bulls turned into bears, yet this was the pivitol point that CUS began it's mighty run.
Interestingly enough it is also exactly 12 months ago when CUS announced their consolidation (17/10/08) with their notice of AGM, and Tim Wildash owned $500k of stock!
So what can we glean from all this? Firstly our MD has $600k of stock! That should demonstrate that he is at least co-partnering our investments. We have almost no debt, Cus owed $47mill at end June 08! The bulls are on the march again, (market up 50% from Feb lows) and Directing charging has proved highly profitable for both businesses.
I recall there was a lot of discussion on HC about whether a share consolidation would be succesfull for CUS. What are my fellow ICP tragics views regarding SP in say 6 months time?
STL Price at posting:
60.0¢ Sentiment: Hold Disclosure: Held
