The Plan

We have all herd the following two statements made by CN

1. The share price will look after itself

2. Big investors only like investing in stocks over a $1.00

So whats CN's plan?, one option is as follows

a) Consolidation of 1 share for every 34 shares held, new share registry reduces down to 176 million shares from 6 billion wow!,

"what a win for shareholders!"

b) Share prices goes up by 34 times (4.5*34=$1.53) hence now the share is worth $1.53

"what a win for shareholders!"

c) The SP may then drop a little ....lets say to $1.15, shareholders can still have their dollar party

"what a win for shareholders!"

d) CN can then do a CR at fantastic price $1.09 rather than 4.0 cents

"what a win for shareholders!"

e) The big end of town could come in and invest at just over a $1.00

"what a win for shareholders!"

f) CN and other directors can convert their employee options at 10 cents and registry increase by a few hundred million.

"what a win for shareholder!"

Everyone get what they wanted? sort of ............CN should have said the directors will look after themselves instead of the SP looking after itself.

If I was CN the above would be my plan so CN whats yours?......and fingers crossed is not plan CN

Zip OFL

If you haven't guessed IMHO in very loud typing!