HRL 4.17% 12.5¢ hrl holdings ltd

Ann: Quarterly Activities Report , page-20

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 869 Posts.
    lightbulb Created with Sketch. 24
    HRL must be spending the $400k (they had nothing in end Mar). They have a cash-burn of $400k a quarter, meaning they have only 7 weeks of cash left - and that is the deposit that must be returned if EDC quits. There must be a capital raising soon, and the MT survey won't be completed for about three months.

    nervous times for HRL
 
watchlist Created with Sketch. Add HRL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.