CCV 0.00% 22.5¢ cash converters international

Business Model Broken

  1. 921 Posts.
    lightbulb Created with Sketch. 221
    it seems to me its over.
    After two strikes from ASIC for around $35M with i reckon another one to hit them from Carboodle activities i dont see how their financing operations can crawl back.
    Plus the class actions.
    Then they will be left with a whole lot of nonviable brick and mortar leases.
    I think management and the directors are headed of to the knackers yard.
    Nice vote of confidence Cumins selling.
    Mind you i could well be wrong and i would like to hear other views
 
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