Allan Grey dumped 54m shares at 14.5c average and it was all sparked by the Nab asking FUN to raise additional capital. This to me indicates they will be cash flow negative this half and even next half year. Basically liabilities imo will exceed assets this half year so basically shareholder value is zero. I'd only buy some to trade due to the risks but as an investment I'd get out on any price rise .
Ann: Half Yearly Report and Accounts, page-37
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