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Ann: Trading Halt, page-66

  1. Carnival
    1,171 Posts.
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    08/05/20
    09:07
    Post #: 44503800
    They filed for bankruptcy because retail sales are severely impacted. There is carnage in retail generally so not really anyone’s fault.
    A double whammy in this environment is high receivables being at risk.
    As at last June Cellmid had about $2.3m in trade receivables.
    CDY Price at posting: 18.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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