No liquidity issues through till 2018 Slide 37 of the latest investor presentation, shows that the payout for earn-outs/loan repayments, for the 9 months to March 31 2017 to be $246 million. It is only another $70 million, for the next 9 months to Dec 31 2017. 2018 is only $47 million. With the new raise of $330 million and cash in hands of $145m at June 30 2016 the cash balance is $475 million. Less the payouts to Mar 31 2017 of $246 million - remaining cash balance of $229 million at Mar 31 2017 + profits after interest generated. So no liquidity issues through 2018. Could the board be thinking of announcing a share buyback of $100million - over $40% of the current market cap. Stock price would start to recover very quickly!!!
Bottom line: if the banks are prepared to lend another $350 million, and they have access to significantly more data, CXRX is not going bankrupt anytime soon!
Dont listen to the absolute garbage posted by the bashers on here.. definitely wouldn't be sellin shares at this price.. glta longs