Hi all,From ICP's website, the latest independent valuation...

Hi all,
From ICP's website, the latest independent valuation report was Jan 09.

At that time, ICP was ave 0.03 SP and CUS $1.25.

Comment from report on ICP valuation versus CUS says....
"On a risk-adjusted basis, ICP is priced at the lower end of valuation when compared to its only direct ASX-listed competitor CUS. We believe that this discount will narrow over time as ICP delivers on its growth strategy of selling its ATMs into Asian markets and grows its revenues and EPS. The lack of a dividend currently reminds us that ICP should be seen as a growth stock."

Today ICP is 0.04 SP versus CUS $2.34.

ICP has improved 33% while CUS has almost doubled @ 87%.

The message is clear that ICP has to be seen as an even better opportunity for SP growth today.