I'm just in CMR to make some cash (that should be CA$H) and I see the next step as getting the equitisation done to reduce our debt level.. who knows, maybe once that is done then someone will come and make a takeover. With the current climate for securing credit, the debt level may be the issue stopping someone swooping in to make an offer at a more fair value.
Either way, everyone has to make their own vote and I see one option to be the path of least resistance higher regardless of the history behind how we got here. I understand that the past may have been painful but that is exactly that, the past.
Good luck, I hope we both clean up out of this.
CMR Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held