CDR 0.00% 1.8¢ codrus minerals limited

guys, you should be concerned with the auditors note that CDRs...

  1. 15,774 Posts.
    lightbulb Created with Sketch. 268
    guys,

    you should be concerned with the auditors note that CDRs remains a going concern based on its ability to sell down assets in a timely manner. They also mention it in the update in the end. I find this concerning and a I sold out for a $900 loss.

    I read this as CDR having a high risk of admnistrators being called in. Although the bank debt has been extended, the extension is contigent on asset sales as well.

    Not making a recommendation to sell - just simply worth thinking about it for those that hold
 
watchlist Created with Sketch. Add CDR (ASX) to my watchlist
(20min delay)
Last
1.8¢
Change
0.000(0.00%)
Mkt cap ! $3.803M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 459404 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 133819 1
Last trade - 10.02am 28/11/2024 (20 minute delay) ?
CDR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.