CDD is definitely not contemplating acquiring any new business during these times. In fact, the strategy is explicitly to grow their business organically. So, what's the point of having $180M sitting in the bank and doing nothing, and meanwhile having to pay interest on the debt, and meanwhile having to also have a knife to the throat of the company with the covenantal restrictions?
With the operating cashflow from the past 4 months, they would have accumulated more than $15M and would still have some cash in the bank after paying off these loans earlier.
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Last
44.0¢ |
Change
0.015(3.53%) |
Mkt cap ! $17.18M |
Open | High | Low | Value | Volume |
44.0¢ | 44.0¢ | 40.5¢ | $13.52K | 32.02K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6618 | 40.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.0¢ | 15 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6618 | 0.405 |
3 | 3392 | 0.400 |
2 | 15165 | 0.390 |
3 | 97393 | 0.380 |
1 | 1336 | 0.375 |
Price($) | Vol. | No. |
---|---|---|
0.440 | 15 | 1 |
0.450 | 11642 | 2 |
0.470 | 2500 | 1 |
0.490 | 9043 | 2 |
0.550 | 20000 | 1 |
Last trade - 13.47pm 02/08/2024 (20 minute delay) ? |
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