CAJ capitol health limited

Too much debt

  1. 102 Posts.
    Hi, I have been following CAJ for sometime now and we all knew in i MED that CAJ was way overvalued the way it was going. There was no way you could justify those high share prices six months ago. The market cap it commanded six months ago was sheer lunacy. What I did not know was CAJ had taken too much debt. Hmmmm the picture is much clear now. Overall the picture is not very good for healthcare industry. iMED pulled out of IPO due to shaky markets and everyone at iMED is happy that they did not got to stock market. Oh well as someone said share prices go up and they go down. Good luck to everyone.
    Last edited by shail: 04/12/15
 
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