Offer would take into account debt - how the hell could anyone buy something without closing out creditors. Anyone suggesting offer is then less debt is being silly.
Down a lot but reckon this old battler has legs yet and "several" to me reads 3-5 so if all of company then I would expect something in the order of 12 - 20 per share.
Anyway at 4.4c close downside very limited and upside 3x - 5x. For the first time investing in Conti I have a tangible value to work with. If I was the management (and I think they know this) - sell and move on. Too much bad blood and monumental stuff-ups. Sell, kill the ccc brand and lets all move on!
Happy days ahead me thinks.
CCC Price at posting:
4.4¢ Sentiment: ST Buy Disclosure: Held
