I agree it could be a great turnaround in the making, it's risky, but with risk comes reward.
potential outcomes
- things stay the same, share slowly goes to the toilet as debt falls and customers fall
- they list more shares at 15c to fund debt, share goes backwards then recovers
- A major backer comes in for the WHOLE game, shares go up, they still have debt to pay
- they sell off the ICT component and keep the telco, shares go up, cash injected into the company, great turnaround opp, however they exit a lot of managed service and other business areas (which may or may not be profitable)
- they merge with a major "someone"
Thoughts? Opinions?
CDR Price at posting:
0.0¢ Sentiment: LT Sell Disclosure: Held