The cash level is slightly worrying. Only 349k left.
If the trading situation remains, i.e. no additional cash coming in, MCS will need to raise cash, this will mean most likely borrowing and stop the dividend payment this year.
Honestly, the company balance sheet is weak and risky.
It can only be hoped that the optus stadium contract will bring upon better result next quarter.
Ann: Half Yearly Report and Accounts, page-3
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