Hmmm current dept 25m.interest on that at 6% is 1500 000 or 1.5m...

Hmmm current dept 25m.

interest on that at 6% is 1500 000 or 1.5m per year.

Thats 375000 per quarter

I have estimated the interest rate at 6% but may be wrong,either way we need one and a half million buckerooos per year just to cover interest.aprox

cash in hand $812897

currently we have enough dough to pay half a years interest.



My estimate is ccu will fall from 7 to 6 cents next week then 5 the following.I have noticed over the years if a price falls below the 5 cent a share,the company never recovers.

My maths may be a little out,please fell free to correct,thanks.


PS loving cdu



cheers.





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