There is a big chance the new CEO when chosen will set this up for a takeover bid. Most holders of this stock would now hold at under $1.50 and any takeover would probably be about that price.
It is very interesting that the new director Geraldine McBride who is the CEO of SAP Australia has been invited on board. SAP is not a direct competitor but CTL would fit nicely into SAPs existing enterprise solutions for business.
I have traded CTL for the last year and the current price is way undervalued. It has no debt and is in a strong cash flow position with good market share so it is not in financial stress.
Should pay a 3c FF divvy in March.....worth a few dollars on it.
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