Tails if you know so much what value do you think is in CDR's client base for a larger player say Singtel for example on the phone side and Dimension in the data side ? Don't you think that they would pay something above book value for these assets ?
I highly doubt Hunter Hall have been buying on the basis of a bid @ 40 cents....they must see real value in the business @ these levels.
SP will be 50 cents by end of the week !
CDR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held