GMC has $1.6M cash and
Interest rate is as high as 20% (refer to note 3)
- $3.9M in trade payables due in less than 12 months
- $11.4M in debt due in less than 12 months
I did not realise GMC's solvency position was this perilous
I see $0.007 being broken this week unfortunately - the depth there has already seem to have reduced
I knew there was a reason this is trading at 12 month low
Ann: Half Yearly Report, page-3
-
- There are more pages in this discussion • 53 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
