The market is clearly pricing in a capital raising. Just like Billabong shares were when they hit 13 cents. If we can negotiate a debt deal then and no capital raising this stock will bounce up strongly like Billabong did.
As for CFC. There is no way they are going to lose all this money when they bought in at $1.23 a share (I think it was). And we are talking about nearly $100M.
thoughts, page-7
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