CBD 0.00% 1.1¢ cbd energy limited

Ann: CBD Shareholder update , page-11

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  1. 2,892 Posts.
    http://www.smh.com.au/business/cbd-energy-is-running-on-low-as-tinkler-property-deals-turn-sour-20121105-28u2u.html

    "cash inflows to fund $27 million of debt will remain a focus."

    Herein lies the beginning of their problems. A lack of robust business model and $27m worth of debt to service....whilst quickly running out of friends in the capital markets....not a recipe for success in my book.

    Kiril
 
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