The Eck Effect, page-24

Your imagination has been putting in the hard yards tonight, MJ.

I was interested in your comments about the highly undervalued current CDY share price position relative to its history, and so I kept myself amused for an hour or so looking at its long-term price swings. For the group receptive to useful information I have quantified below the degree of major swings that have occurred over the last decade, which places the current fall in perspective.

The average price increase in the ‘wealth creation’ phases is +225% (median +109%) and the ‘wealth destruction’ phases average –58% (median –56%). The current phase, with an about average fall of -61%, obviously is RS.