Crescent made it clear that they will not be paying dividend and will rebuild the balance sheet and business over the next couple of years.
I suspect when the market realises this it will potentially settle a little, bit with the overall market in turmoil I suspect anything can happen.
I also suspect some of the selling is being driven by margin calls. With the overall market down so much and CDD I'm suspecting margin lenders have been making many telephone calls!
$1 on the card-no, page-6
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