I just wanted to have a quick poll as to whether you believe CIY will unfreeze the FMF after the 180 day period as announced back March. The date roughly will be 6th September .
In the last few weeks there has been a lot of good news of CIY offloading key assets to significant buyers. There has also been news of CIY coming up with ways to cut debt such as offering shared to FMF holders who wish to 'get out now'. And ceasing dividend payments for the next financial year.
None of us really know what will happen, but I personally, dont believe CIY will unfreeze. I think they will freeze for a further 180 days. I hope I am wrong.
Get your crystal ball out and consider all the things related to CIY and let us know what you will think will happen as i am curious to know your thoughts.
CIY Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
