In May or June the Federal Government will be seeking bids in the market for the Outsourced G8 I.T. contract, which is currently held by Commander.
No one can claim to know what the outcome of that bid will be, however no one in the Outsourcing Business Community thinks that Commander have any chance of winning that business back.
For those who remain up-beat about Commander have a good look at the Commander Balance Sheet and work out for yourself, the effect of loosing that contract.
Again for those who remain up-beat about Commander, please pay close attention to the impending quarterly update from Amanda and see what reference it makes to the "winning of new customers". I believe that it will be very light on in that area.
I do not prefess to know everything about Commander, however of that which I do know, it does not look very good.
Regards
Tails
CDR Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
