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1,207 Posts.
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06/03/08
09:06
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If they make $20 - $30 mil net this is after interest my friend...
I think you need to see the entire plan laid out before you comment.
Of those writeoff's there were many other things thrown in to make it look much worse so that next year management's numbers will look even better.
Bank debt will fall with asset sales to continue and with strong growth still expected in Australia I just can't see CDR going under.
This stock is now only for those with a LT view.
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