Good to see an announcement out today, and a nice one!
I have been critical recently of management not providing shareholders with enough information particularly when the sp fell so dramatically, now they have the business back on track and good news to report, I hope we will see more regualar reports as they climb through varying milestones in their business!
Considering the chairman's last purchase of stock was in December 2007 at $2.45, one would think that this would be where the stock may at least climb to in the not to distant future!
Also, the company has been consistant at paying out 70% of the years profit in dividends, a formula that has retained long term shareholder interest in their business, with the ex date likely to be in early September offering again an attractive dividend we could see the sp continue to increase up to that date.
CND Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
