Announcement this arvo says they sold all the options which now means thay have some institutions on the share register. Hopefully this will give the stock better coverage. PE for FY04 is about 9 based on their forecast EPS. Read my post from a few weeks ago if you want to see what I think they will make in FY05. If they can make the sort of profit in FY05 that I am calculating, we may see a share price for CIY in excess of $5 in a year. I am a holder of ciy, ciyo, ciyoa, cpk and cpko. I currently have a buy order in for cpko because I think cpk is very good value atm. cheers
CIY Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
