RE:Market cap approaching 200 million..this is ridiculousOnce they close this new note deal, debt to ebitda ratio should be pushing over 7. I'm actually hoping for another long squeeze as it may be becoming too risky for any value managers who may have picked some up. They may want to get out before the tax loss selling, law suits and Nhs bill comes in.
fundtrader wrote:
cxr is going to have almost 480 million in cash next week and 200 million in account recievables. Cxr has almost got 900 million in revenue, with adjusted ebidita over 500 million annually. This is worse then panic selling. Drop in pound has created this stupidity, but they are well hedged, i am suprised whe we havent seen a hostile takeover at these levels.