Buy?, page-2

I don't own CTX but don't have a bias against them. I don't think it's an unreasonable stock to hold but in the interests of coming up with an "any reason I shouldn't" I would suggest the following.
To improve revenue levels when fuel struggles to be the improver, CTX have opted to throw money into convenience retail with the introduction of The Foodary and some arrangement with Woolworths to roll out other stores on their sites. I read an article once which stated that (I think I remember this correctly) 80% of the Australian population lives within 10 minutes of a major supermarket. So I'm not sure that this approach will work and the balance sheet debt is now quite large. Part of this debt is about funding the convenience store arm of their business.
I think that's why I look at this stock quite often but can't bring myself to buy.