CDR 9.52% 2.3¢ codrus minerals limited

worst behing us, page-3

  1. 3,062 Posts.
    amanda might post a favourable p/l for march due maybe next week. around 228mill shares on issue relatively illiquid, and in all probability no margin lending available --just a great opportunity---long ago before listing i sold their products and then they were on the preferred list for govt contracts given their long history of distributing and maintaining a very good product it is not surprising they moved to a franchise model, a model which is great in theory but severely impacts cash flow initially,after appropriate consolidation of cash flow under the new model should provide a robust balance sheet with confident franchises expanding their business model for a national business putting cdr in an enviable position
 
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