Two Ways That May Make The Bleeding Stop
The market appears to have lost all confidence in CEO Mark Thompson and the Board.
This share price plummet may continue unless one of two things occur:
1) CXR announces a sale of the company at a significant premium to the current share price.
2) CEO Mark Thompson announces his resignation and a new CEO with a good reputation is brought in and commits to paying down debt and perhaps selling off some non-core assets.