I read it and the AFR information guide seem intent on downramping CDR and playing up their competitors...seems rather strange that such a small company now would get so much media !
I think what you need to see is Hunter Hall's intention on turning this around...they have already installed 2 directors and the new CEO so they must be trying very hard to start the turn around.
Has your contact at the company said anything about Oct or Novembers trading figures ?
From the AGM commentary you would say that they were strong through to Nov and I have heard Nov was above the forecast but if you could confirm this it would help me greatly.
Don't get me wrong nothing personal I just think that everyone looks past the company and has just ripped these guys like Adrian and Carl to shreds ignoring that they are just people and that they collectively have lost more than $20mil which is more than anyone else I would guess.
Lets keep this site focussed on good news from CDR as I think @ the current market cap and the sales we still have a lot going and the debt is not due till late 2008 which gives management plenty of time to improve margins and begin the road to recovery.
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Last
2.6¢ |
Change
-0.003(10.3%) |
Mkt cap ! $4.300M |
Open | High | Low | Value | Volume |
2.8¢ | 2.8¢ | 2.6¢ | $9.521K | 350.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 137471 | 2.6¢ |
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Price($) | Vol. | No. |
---|---|---|
3.1¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 137471 | 0.026 |
1 | 200000 | 0.024 |
1 | 135190 | 0.023 |
1 | 35715 | 0.014 |
1 | 1600000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 10000 | 1 |
0.035 | 400000 | 1 |
0.039 | 5517 | 1 |
0.040 | 100000 | 1 |
0.042 | 35000 | 1 |
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