I agree with you there. Its the next phase of the recovery I'm very interested in. What is the next move? Paid off debt, sold some non core business portfolio companies, have anew management team in place (Ex the CEO). I'm guessing some more asset sell offs and I wouldn't be shocked if some more strategic acquisitions start to get onto the agenda again.
Usually a new CEO will want to do some sort of restructure or set a new strategic agenda. IF Crescent have already done the hard yards its not a very attractive proposition, unless Crescent have a potential good 1st time CEO within the management ranks. I'd probably be happier with that prospect.
As you know I sold out about a month ago at 1.20, I'm looking to buy back in if today's results and forecast gives me comfort.
Capital Raising, page-261
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Mkt cap ! $13.28M | |||
| Open | High | Low | Value | Volume |
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|---|---|---|
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