As I remember it the company needs to raise capital to pay for recent acquisitions. Short term debt financing still needs to be replaced so difficult to see how a dividend will be paid.
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As I remember it the company needs to raise capital to pay for recent acquisitions. Short term debt financing still needs to be replaced so difficult to see how a dividend will be paid.
This is a new company now with the demise of Cadmusetc but SPY has to address their financial issues ( which Im sure they are aware of and have plans for ) Im picking a share consolidation say 20-50 for 1 new share followed by a cash issue to recapitalise SPY and then we can look forward to a reasonable future as SPY can now pick up all the useful bits of Cadmus which they are now doing.
VERY good volumn again today rerating under way,on the wat uppppppppppp!!
Up again today on rerating as this company gains recognition of its business model , up 400% in 3 months.!!!
Up 12% today , heading for a 5 bagger in a little under 3 month, could be heading towards a 10 bagger !!! wow !!!.
Substantial selling down -DISCLOSURE OF MOVEMENT OF 1% OR MORE IN SUBSTANTIAL HOLDING
OR CHANGE IN NATURE OF RELEVANT INTEREST OR BOTH
doesn't exactly inspire confidence.
Maybe getting ready for the cash issue
Mcdougal 's the share broker in a report out last week said the "SPY's future looks very poaitive based on the latest Cadmus acquition" $7-10 Mil EBITDA for the 2010/11 year, looking good at last!!!