Well, let's see: CBD/Westinghouse presumably couldn't make $1/share NASDAQ listing requirement *CBD has a majorly upset significant shareholder (SoulPattinson) *CBD could not/would not liquidate under performing Australian assets to complete Westinghouse merger (only $10M if I remember?) *CBD has assets in a (relatively, perhaps absolutely) shrinking market in Italy/Europe *CBD has lost planned access to one of the three largest and most rapidly growing PV markets in the world
*CBD is dependent on growth in Australian market (about 1GW/yr out of a world 30GW/yr)for share appreciation
CBD Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held