GMC has $1.6M cash and
Interest rate is as high as 20% (refer to note 3)
- $3.9M in trade payables due in less than 12 months
- $11.4M in debt due in less than 12 months
I did not realise GMC's solvency position was this perilous
I see $0.007 being broken this week unfortunately - the depth there has already seem to have reduced
I knew there was a reason this is trading at 12 month low
DEALROOM
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
Stay ahead of the market, with HotCopper.