“This significant new development must now be incorporated into the strategic review currently underway”
CCE are basically trading insolvent, you don’t have to be an accountant to work that out. The only consideration is either a White Knight (now highly improbable given the WA Govt’s decision) or which Insolvency Accountant do you engage?
If I were Mr Ottaviano and Mr Davidson I would be sweating!!!
CCE Price at posting:
0.4¢ Sentiment: Sell Disclosure: Held
