Just quick maths:
CBH had $125M at 30 June, $56 million at 31 December 2008, and falling fast (over $66M gone in 6months). At this rate they are broke in 4-5 months!
Contrary, the Chinese group's market cap is A$1.9 Billion. By contract CBH is around A$30 million.
I think I would prefer the security of a A$1.9 billion company over a heavily debt, loss making A$30 million company
NJ
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