Hey Bushy.....I was in CFK at 36c - 12months ago.....on the premise that I thought/assumed Eddie Groves would make a play for CFK in the immediate term - and that I backed the then new CEO Warren Wilson - after his success with TAB corp........i exited (thankfully) at 32, then watched the sp spiral down to mid-single digits.......
I have been watching the sp rise nicely over the past few weeks....almost jumped back in at 18-19, but expected more to exit at or below that price....however, seems to be tracking above 20 quite well........
I think the new management (and Mac Bank backers) should forget about grandiose plans of taking ABC head-on.......they should concentrate on tightening their operations with a return to profitability - then FLOG the thing to ABC at or near 50c per share.....a good deal for all parties imo......
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