The best way for the company to cut costs is to reduce non essential staffing. Road sales staff and service staff are the most important part as they produce incomes and that is what they need.
If they can get through 12 months of lower levels of non essential staff and spending this would be a signficant boost to the bottom line.
We may not see a takeover bid as Commander will want to quickly reduce debt and in 6 months with some luck the debt level will reduce more than expected.
You can only do this for a short period but it can boost a companies financial position just enough to get them out of trouble.
After all the new model of Franchised sites requires Commander to have less staff in Administation.
- Forums
- ASX - By Stock
- CDR
- astoria should we be expecting bid today
astoria should we be expecting bid today, page-28
Featured News
Add CDR (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.796M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 329665 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 400000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 329665 | 0.030 |
1 | 100000 | 0.029 |
1 | 114475 | 0.028 |
1 | 172714 | 0.027 |
1 | 135190 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 400000 | 1 |
0.039 | 5517 | 1 |
0.040 | 100000 | 1 |
0.042 | 35000 | 1 |
0.047 | 12073 | 1 |
Last trade - 16.12pm 14/08/2024 (20 minute delay) ? |
Featured News
CDR (ASX) Chart |
Day chart unavailable