CM8 5.41% 3.5¢ crowd media holdings limited

what's wrong, page-42

  1. 8,420 Posts.
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    Selling off on higher volume - that's not a good sign. On the positive side of the signal balance sheet today's range was smaller than yesterday's range, meaning more effort to push it down a smaller distance. Still, we're not talking 10's of millions of shares here.

    I wonder if someone thinks the company will be doing a redemption interest payment rather than cash interest payment. At 90% to recent vwap pricing that would be costly. I hope not. They should be generating enough cash to make the payments, so not doing so would be a bad sign.

    Cheers, Sharks.
 
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