1. It is important to obtain precise details of the loan agreement from CMR and also to understand why it considered the loan to be on commercial terms - it wasn't.
2. The shylocks who have security over cmr assets will exercise that security at the first hint of trouble. We need to obtain a company search to find out if the directors will benefit if the company folds. THe stocks smells of related party transactions.
3. It would be a saving grace if it was taken over by competent management.
CMR Price at posting:
0.0¢ Sentiment: None Disclosure: Held
