re: Ann: CBD not to proceed with acquisition ... Indeed, bvw.
And Gerry McGowan at the AGM, in answer to a question, said they woiuld fund the new retailer "out of existing cashflow." This is a strange statement, given that CBD still has negative cashflow ($3.1M for 2010/11). Maybe he knows something the rest of us don't, or maybe he made that up on the spot.
Ann: CBD not to proceed with acquisition of Neigh, page-13
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