As we get to the point of having disposed of all of the assets we acquired, I will be interested in seeing the net effect of all of the acquisitions at cost, profit during Connacher ownership and the net gain/loss on sale of the assets.

I agree. However, by that point, it will be water under the bridge. Eighteen months out from here is the true pivot point for the company. Either the SP will have turned around significantly as the markets realize that CLL will "make it," or the investors who were in the company at the time of those investments will have moved on, and the then-current investor base won't care about things that happened before their time.

I prefer to be neither an optimist nor a pessimist, but rather, a realist.

So that's the question. In 2015, will Connacher be part of another company, or will it be a $20 stock? Seems to be a far-off horizon. But in 2005, we were looking at 2010 and wondering the same question, albeit with rose-coloured glasses.