If you read the financials you will see the debt is the major reason this company is struggling to generate positive cash flow and generate NPAT and pay dividends.
Revenue is strong, arguably at record levels in the companies history but the debt remains around $20 million , at a cost of around $1.8m per annum in the accounts .
Until they begin generating a 10% return on revenue I think they need to get the debt down to below $10m and a cost of $600k per annum
If you read the financials you will see the debt is the major...
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