I don't whether the recent Securitisation Payment is an on-going requirement or not. It is not something I have not investigated to date.
With regard to the Administration question, all we can do is to continue to closely watch Commander and see what unfolds over the coming weeks and months.
It is worthwhile to note that Commander have recently announced that they wish to again focus on their previous strengths and success in the SMB market.
The SMB market will be the first business market effected in Australia, if there is any slow down in market sentiment. This will be an added challenge for the Comander business.
It is widley accepted in Australian business, that the SMB market is the first to slip in a downturn. The SMB market is also the first to show signs of recovery in an upturn. So all eyes are on the SMB market in Australia at the moment.
Regards
Tails
CDR Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
