Longshot, are you in the top 20?
I got interested in this stock a while ago, and had they kept to their growth path (ie to $100m revenue with a nice ebit%), I could see 90c written all over it. So 30c to 90c was kind of interesting. I have followed your enthusiastic posts. Got to believe in something and you believe in this one!
What's obviously more interesting now is that if they get back on track, I could see a move from say 7c to 70c in 2 years. A fair time admittedly, but, that's 10 time one's money. That would invoke an additional numberplate, "MBE" -lol
The Bank Debt does not worry me. Another Bank would pick this up, if the CBA got the wobbles. They just need to get their cashflow right, which is clearly their priority.
The only think on my mind is what the setback is really all about, and have they got that under control. If I were truly confident of that I would be buying hard, and I have ammo!
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