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Cupid AGM Statement begs more questions

By Tom Winnifrith | Friday 21 June 2013


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Today's AGM statement from online dating business Cupid (CUP) throws up far more questions than it answers.  It does nothing to ally my bearishness as I have explained in numerous articles on the website and elsewhere. But to get the ball roiling here are two questions for the Cupid-ites to answer.

The first concerns cash.

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