CMJ - Consolidated Media Holdings

[chops_a_must]

Was surprised not to find a thread already on these guys.

Any truth to the rumour they are almost in breech of debt covenants?

Don't hold fwiw.

 

[imiyakawa]

Can someone tell me if I should buy if it breaks the descending line?

How would you interpret what's happened in the last 2 months?

If it does break out should I buy on the break or wait to see if it gets through the 2.55 resistance?

Sorry, I'm a noob.

I'm planning atm to enter if it breaks the line and goes to 2.45 in the next few days..
Please say what you think.

 

[searsr]

Has anyone got any ideas as to why Packer is selling atm? (Seek and the building in Sydney CMJ owned)