Subscription should be able to service its own debt without pinching the growth prospects of the parent company and without CN share payments. They just need to pull finger and sort it out. Vendors still contracted to the business. What for? For "stabilised" figures, 25% lower than when purchased. No thanks.
Work to be done. They obviously know that. Still think that they can get it done.
Looking to see these "marketing initiatives" coming through 2nd quarter.
If they want to participate in new opportunities then sort the core business out before diluting shareholders. It's double dipping. Not much confidence in the CFO at this stage.
CM8 Price at posting:
15.0¢ Sentiment: Hold Disclosure: Held
