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re: Ann: CBD not to proceed with acquisition ... Indeed, bvw.And...

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  1. Andrix
    2,498 Posts.
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    29/11/11
    09:14
    Post #: 9357108
    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.
    CBD Price at posting: 7.9¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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