I have my doubts about CQU making it back to the ASX at all. If they do I picture a very short life as surely they will have to be offloading a significant part of the main revenue business to even come close to filling the hole they created. Whatever is left will struggle to keep afloat. Although CQU has a large network of entities they could sell off the majority of them wouldnt be that attractive in the current environment. Im not really sure what else to read into this.
I guess we will know soon enough.
CQU Price at posting:
1.5¢ Sentiment: None Disclosure: Held
