I feel that CBD will exit the ASX. NASDAQ, Westinghouse, Bobby Kennedy Jr, Big name lobbiest,excellent projects. I think it will be a new start leaving the bad smell behind. They are thinking big and they need the larger tech market NASDAQ.CBD has really burnt its reputation in Aussie and its only a small market anyway.It also has costs to maintain an ASX listing.
As an aside, Government intervention in the Solar Business was an absolute disaster. Prices have halved since the end of subsidies so how much Taxpayer money was wasted. All the shonks raced in as with the idiotic insulation idea. How many legit businesses went under.
I like the way CBD saw the writing on the wall regards the phony residential market, bit the bullet and moved into projects of enviromental substance. This is where the future is. The construction is lucrative as well as an ongoing cashflow.
I think Gerry will make a success out of this. One of the few who made money from an Airline. That takes some doing.
Any thoughts on the opening Monday Shareprice.Maybe Kneejerk selling reaction initially by those who only see a bigger loss.
RAB
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