That is not true the business itself is Cash Flow positive - Ring Amanda on Monday and ask her yourself !
The Bank debt is actually also falling given the business now runs a tighter ship (ie debtors terms), they are buying less hardware and also asset sales are bringing in some cash. Plus the 600 jobs that were cut saves a packet each month !
Do the homework and you will agree a market cap of 35mil is not justified given the brand and the ability of the core business to generate decent amounts of cash.
CDR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
