CIL is never going to be a growth stock.Tab and tatta are much better value with strong paying divendend. Con has found it very tough market and very competitive which is why he would love someone to make play for this stock. There are just 2 many regulations,competition and govt control to make this a mover and shaker. It was overprice when it came onto market at $2 and hit a high somewhere around 2.50(i think if memory serves me correct). Last few years has been roughly$1-1.50.
I know they were looking at mobile phone betting at one stage and not sure what happen with that. You just need to google the number of companies that give you odds for a bet these days to see how competitive it is. Most of them will give you up to $100 free bet to start with esp when big races are on. Punters have no loyaties to these companies and shop around for the best odds.
Good luck to CIL holders
CIL Price at posting:
$1.52 Sentiment: None Disclosure: Not Held
