OK, the share price is floundering.
As mentioned in my now TOUd last post, what I worry about is if the business is good - this happens first and the market catches up later. I wouldn't be in shares if I did not start with the assumption that most people are sheep and the market knows nutin'.
So that's why I like to see some signs of life when it feels like to some we are walking in the valley o' the shadow. And I am starting to see them everywhere, just little mentions, like the two recent ones:
Here are two:
http://designbuildsource.com.au/nearmap-com-to-enforce-building-codes.
Or even here - MEETING OF THE GOVERNANCE, FINANCE & ECONOMIC DEVELOPMENT COMMITTEE THURSDAY, 24 MARCH 2011 :
http://www.logan.qld.gov.au/__data/assets/pdf_file/0007/65932/110324governancefinanceeconomicdevelopmentminutes.pdf
see 4.2.2 b) "cost saving/revenue generating innovation". Is Logan council already a subscriber?
There are many more so DYOR.
I hold because I think the business is good.
Cheers,
r
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