SRF

A private Equity firm would have to be insane to back Cameron after these horrific figures.

Private Equity is interested in cashflow. Cameron ain't no cashflow man based on these numbers !

I wouldn't rule out a PE bid at all, but it would be supporting Sonand or another hard nosed CEO.

There is a lot of cashflow still to squeeze out of inventory. Plus the sale of Surf Hardware. So the chances of this going tits up are low.

So a PE bid could happen, but I doubt it's for a little while yet, and minus Cameron.

Good luck with your postings.