CMO cosmo metals limited
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What follows is pure speculation so please DYOR.Is Voda the...

  1. afd
    2,216 Posts.
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    05/09/08
    10:19
    Post #: 4232777
    What follows is pure speculation so please DYOR.

    Is Voda the 'investor' referred to in last announcement?

    1.Interesting article in Australian today about Vodafone buying Crazy Johns and that it is likely Voda will continue to look for opportunities to buy into retailers.

    2.Voda is a creditor of CMO and has a tack record of coming to the party on recapitalisations (they helped out Sonnet by restructuring and partially forgiving their then debt).

    3.CMO would probably have some useful IP in terms of billing / advertised subsidisation stuff (technical term) which Voda might find useful

    4.CEO Sweet and Voda go back some way.

    Like I said, pure speculation but if anyone has any views please respond.
    CMO Price at posting: 4.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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