CMR 0.00% 15.0¢ compass resources limited

trading halt, page-49

  1. 824 Posts.
    Hightrax

    I dont think that that is an option for CMR. Too much debt that needs to be repaid. I think BT is probably right on the money.

    Creditors will want something back and are unlikely to wait for the situation to change for the better.

    CMR has been a tragedy. The boom caused them the miss their original start date and the bust looks like it has got them. Reminds me of the days as a youngster in the surf getting dumped! Boy it hurts.
 
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