Reno de MediciThe European economy has been improving steadily over the past few quarters (as measured the GNP). Containerboard and cartonboard prices in Europe have gone up too. As a result of this, the earnings of Reno de Medici (of whose stock CAS owns 57.6%) have also been improving and are expected to improve further. This is reflected in the price of the Reno de Medici shares, which have appreciated from about 0.35 Euro a couple of months ago to their current price of about 0.55 Euros. If the situation persists, the market will recognize this value, sooner or later.