What are they going to do 30 days left until they have to impair the balance of the greentrains transaction and restate last years earnings. Obviously someone ie the sellers (inside job) have heard something otherwise we would not have had such a dramatic fall in SP today.
What does anyone know? Has Gemco managed to lease these trains or are they sitting in a siding somewhere. Perhaps we ought to canvas the train spotting websites !
CXG Price at posting:
10.7¢ Sentiment: Hold Disclosure: Held
