This company has been around a long time and apart from the SP spike in late 07 (due to a government promise of a $20mil grant which never came) has done nothing really SP wise lately.
I have been in for some years now and the company is starting to spread its wings IMO, it now has many different divisions that work independently but are very complementary, and its association with solon and the new inverter business and the retail business and engineering, it really apprears to be a well thought out plan, problem is that it takes dollars to put this together and the returns are not immediate but longer term.
I dont really care about the profit side at this time, I am happy that the company has a vision that I totally agree with and are in the process of implementing that vision in a professional and relatively caution manner, this is my third biggest investment (behind IGR and RSG) and though making dollars is what we are all here for, I am more than happy to pass on more profitable ventures because CBD makes me feel better about the damage that my mining shares are doing enviromentally, I have sold a position in one miner I held due to my concerns about the harm it was planning to do, so for me its not just about the dollars, but that being said that $1+ in twelve months would be fantastic, not just for holders, but it would also allow for capital to be raised at reasonable prices, and I am sure the company could think of great ways of using that capital that would not only benifit holders but the enviroment as well.
cheers grant
the above is opinion only and written without prejudice
CBD Price at posting:
14.0¢ Sentiment: LT Buy Disclosure: Held
