May be due to fact that debt not refinanced yet. Disappointing to read near back of half year report on page 23 "At the date of these accounts Coote Industrial had lodged its submission for financing of reduced debt requirements from the current facility which expires on 28th February 2010. Coote Industrial management anticipate a positive response and this is expected in the first week of March 2010." Why is it hidden away? Hopefully some good news in next few days to give confidence back to share price?
CXG Price at posting:
16.0¢ Sentiment: None Disclosure: Held
