CBH SP was steady around the 55c mark a couple of years...

CBH SP was steady around the 55c mark a couple of years ago.

(Pity about that as that was my original entry price, sold at next to nothing.....that's history. Have since bought back in....)

Then the world horrors set in. CBH went to ground by production and employee cuts. Then a diluting recap was done and now CBH is in recovery mode.

With little allowance for Panorama etc then is it possible that CBH can recover to somewhere near 55c adjusted for dilution. Or is that argument too simplistic?

Tell you what, it will reach a whole lot more than current SP in a couple of years if status quo not changed.

For me any takeover needs a sharper pencil.....

Pat