CIX 0.00% 47.0¢ calliden group limited

Still seems to be stuck in this 11.5 to 12.5 band. You would...

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    Still seems to be stuck in this 11.5 to 12.5 band. You would think that given the NTA (of around twice the share price) that CIX would be actively involved in a buy-back. After all, it is investing shareholder's funds in their own company! (which sound like a pretty sensible alternative to me at the moment).

    If not, then its a matter of time before the vultures circle: either on the whole company, some of the portfolios, or on certain members of the board.

    IMO - something HAS to give soon on this one. Worth a punt that time heals all...

    Kit
 
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Currently unlisted public company.

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