Thank you for your accurate info, get much better feeling in reading your post than understand Amander's report. what you said is all reflected in SP.
With the SP keep hitting record low, what do you think CDR will end? I don't believe Amander is able to manage to push CDR price back to 30c or may be she is not meant to get it up IMO? I see more chance that Commander will go for sale and go liqudation.
After the $250M write off in the half year result, there is no way they are able to pay back $380M bank debt. Bank may have to writeoff eventually. What is your opinion on the sales of remaining asset? Do you know how I am able to find out what is up for sale at the moment? What about their breakfix business? It certainly is not a seller's market and would hardly attract resonable price. any idea?
Are you having any good stock recommended to buy?
Thank you in advance
CDR Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
