CMR 0.00% 15.0¢ compass resources limited

we live to see another day..., page-15

  1. 2ic
    5,923 Posts.
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    This company is broke but all part of the theatre and machivellian manourering IMO, it will live to trade another day.

    Administrators will probably undertake a highly dilutive debt for equity swap that will allow it to trade again, though unfortunately at a lot less than the proposed 42c a share. GT, HNC, Cornells could end up with >90% of company. Never play holden(up) poker against a director with self interest at heart!

    commiserations to all holders
 
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Currently unlisted public company.

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