the question is simple. CDR needs a helping hand. Will anyone fork out some money to help CDR out of this? My bet is yes. Reason being CDR is a strong business that took a wrong turn.. and it has a hell of a lot of revenue for anyone to turn a blind eye to.. actually looks quite attractive as efficiencies from a new mangagement perspective could smash current profit levels.. nothing fundamentally wrong with CDR at all.. one bad product that is apparantly fixed.. and a lot of debt.. which can be paid off. both of which are not company ending flaws... what they are.. is 'BAIT' for the hunter.. very very attractiv bait.. and something i think will be snapped up quite easily
summary
- nothing fundamentally wrong with CDR (shown by continued growth, support from banks + govt dpts)
- only flaws are a bad year, with poor performance in one product
- big 300m debt
- market cap has dropped over 80%
- someone is going to pick this baby up.. a very very attractive takeover target atm
the question is simple. CDR needs a helping hand. Will anyone...
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Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.855M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13000 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 195016 | 3 |
View Market Depth
| Last trade - 16.12pm 18/06/2025 (20 minute delay) ? |
| CDR (ASX) Chart |
Day chart unavailable