CDR codrus minerals limited

guys, you should be concerned with the auditors note that CDRs...

  1. 20,754 Posts.
    lightbulb Created with Sketch. 2133
    guys,

    you should be concerned with the auditors note that CDRs remains a going concern based on its ability to sell down assets in a timely manner. They also mention it in the update in the end. I find this concerning and a I sold out for a $900 loss.

    I read this as CDR having a high risk of admnistrators being called in. Although the bank debt has been extended, the extension is contigent on asset sales as well.

    Not making a recommendation to sell - just simply worth thinking about it for those that hold
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.