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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.
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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.
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VERY good volumn again today rerating under way,on the wat uppppppppppp!!
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Up again today on rerating as this company gains recognition of its business model , up 400% in 3 months.!!!
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Up 12% today , heading for a 5 bagger in a little under 3 month, could be heading towards a 10 bagger !!! wow !!!.
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Originally Posted by belgarion
You following me around, whatsup?
Yeh right !!
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Substantial selling down -DISCLOSURE OF MOVEMENT OF 1% OR MORE IN SUBSTANTIAL HOLDING
OR CHANGE IN NATURE OF RELEVANT INTEREST OR BOTH
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Member
doesn't exactly inspire confidence.
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Maybe getting ready for the cash issue
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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!!!
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