Guys, the fact CAJ still managing the business when they have a...

  1. 11 Posts.
    Guys, the fact CAJ still managing the business when they have a chance to withdraw seems to indicate it's still worthwhile to them, otherwise they would have pulled the plug.

    I don't think CAJ has that much cash reserve to blow on poor performing businesses particularly when it can walk away.

    In any case after "managing" the business for 5-months they should know whether better than anyone whether it's worthwhile. No one normally gets that sort of a trial at a business!

    I read that they've also acquired other businesses from IMI/Scott. Maybe all wrapped in together, although I don't know why CAJ haven't announced this if true. Apparently true according Capital website http://capitalradiology.com.au
    Surely that would be a good thing for them and their share price.

    In any case I'm backing CAJ has got a good deal; The MD of CAJ appears to know what he's doing. He appears to be a shrewd business person that can smell a bargain.
 
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