Time to start taking serious stock of the events at CST in my opinion. Its a long way now from the high risk days.
Todays 4th Qtr Commitments Test shows that quarterly sales were $1.215 million
3rd Qtr Sales were $525,000
2nd Qtr sales were $203,000
Sales are doubling every quarter. And this is the tip of the sales iceberg.
The quarterly loss was slashed to $300,000 and they have the best part of $17 million in the bank.
Could this be the next CSL or COH ? Warren Buffets idea of the perfect company - with a unique product, no real competitors and lots of time to exploit their position. Holy mackerel Batman!! (or Fforrest, LOL!!)
I just think it might be.
Cheers,
CST Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held