re the report 'Cash at Bank'
"At the end of the Quarter in review, 31 December 2017, the Group maintained a strong cash and cash equivalents of $5.038m compared with $1.62m. at the end of the corresponding quarter in 2016. "
wouldnt $5M of that be attributed to the proceeds of the 'cornerstone investor'?
If thats the case, then really its not so grand as the bod would want it to appear.
Admititly, they did blow some $'s on the Camperdown land, but not much to be seen in the apparent spending of $'s.
Notice that the TAU mob did not miss out on collecting a goodly amount for 'services rendered'.
Seems like the bod are not short on their long term ability to 'package $'s into their pockets' with much greater skill and positive outcomes than their attempts to 'produce, package and market milk products'.
AHF Price at posting:
13.0¢ Sentiment: None Disclosure: Held
