On Friday, 21 August,09, Geodesic [provider of mobile and desktop solutions for instant messaging, VoIP and Internet radio] reached high of 134 & closed at 126.75. I had bought this share at Rs. 126.8 on 26th May,09. It was down throughout this intermeddiate period, but it is up again.
Reasons might be-
1) overall economic outlook is positive again.
2) News of board meeting of geodesic on August 28, 2009. Dividend policy of company will also be decided in meeting.
3) National ID Project, National Rural Employment Guarantee Act increasing demand of its Simputers.
http://www.medianama.com/2009/08/223-q1-10-geodesic-call-plans-retail-voip-with-spokn-simputer-resurrection/
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment