Hi,
Under the going concern note, it was stated that
Column 1 0 The Directors are of the opinion that the existing cash reserves and forecast sales will provide the consolidated entity with adequate funds to ensure its continued viability and to operate as a going concern for a period of at least 12 months from the date of approval of the financial statements.
This indicates that they have sufficient cash (+ projected sales) for at least till Feb 2020. They may not be in a hurry to do capital raising as some are suggesting here.
Hi, Under the going concern note, it was stated that The...
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