Yeah just telling it how it is even though obviously I wish it was not the case.
I agree with you that hopefully KPMG is on board for the right reasons. Looking at the companies, although they have many (10-15?) the only significant value is held within a handful and I am sure at least part of the core literally has to go. So potentially the debt could be largely reduced. Assuming that happens though It would seem for you and I, that we will be left holding shares in a company with minimal assets and a dim future, whereby the current SP trading range would be about right.
CQU Price at posting:
1.5¢ Sentiment: None Disclosure: Held
