It's had positive cash flow every year until the y/e 2007!
I'll acknowledge that CDR is in a bit of a mess but the guidance for this year is to make a profit and to do that a positive cash flow is required.
Also if you look at the FY07 result you will see that there is quite a bit of depreciation in there. If you add that back the NPBT is actually positive. The result is not brilliant but that must give some comfort.
text book despair selling, page-5
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