Oh dear. Just when I thought this growth story in SE Asia has legs.
Number of visitors and transactions went up from last quarter, but cash receipts pretty much flat-lined. Can't say i understand what it means with extra $5.2m paid to suppliers, but regardless the company still recorded negative cashflow. At this rate IBY could run out of cash by next quarter if they aren't careful.
Let's see how the market responds to this quarterly on Monday.
E88 Price at posting:
19.0¢ Sentiment: None Disclosure: Not Held