difference is that CDR have stated that they have the full support of their banking syndicate.. and will be a in a position to reduce their debt during the year and following years to come.
this 'stuff-up' could be a necessary evil for CDR's future success... sometimes it takes a few hard knocks to get things right.. things have been going too well for CDR in the past.. this is a chance for them to have a 'fresh' beginning with some new additions to management..
i'm holding as i can see brighter days to come out of CDR.. the worst (IMO) is behind us.. and it'll be silly to sell out when CDR is on the road back to recovery.. if anything.. i'd suggest buying more.. however i've personally maxed out my portfolio.. with CDR having a significant piece of the pie.. an ever increasing pie!!
CDR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
