CDR 0.00% 4.1¢ codrus minerals limited

astoria should we be expecting bid today, page-28

  1. 1,525 Posts.
    The best way for the company to cut costs is to reduce non essential staffing. Road sales staff and service staff are the most important part as they produce incomes and that is what they need.

    If they can get through 12 months of lower levels of non essential staff and spending this would be a signficant boost to the bottom line.

    We may not see a takeover bid as Commander will want to quickly reduce debt and in 6 months with some luck the debt level will reduce more than expected.

    You can only do this for a short period but it can boost a companies financial position just enough to get them out of trouble.

    After all the new model of Franchised sites requires Commander to have less staff in Administation.
 
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