On the Monday following the end of the second quarter of fiscal 2009, cash balances were approximately $17 million which was similar to the cash balance last year on the Monday following the corresponding quarter-end.
Inventory at the end of the second quarter of fiscal 2009 decreased by $0.5 million to $40.8 million compared with $41.3 million last year. Book value per outstanding share was $10.16. During the first half of the current fiscal year, Danier repurchased 100,000 subordinate voting shares for cancellation under its normal course issuer bid.
marketing@alchempro.com
