Good announcement from a cashflow perspective. This will ensure IRL soldiers on in a tough economic and regulatory environment.
HCL is still slow to pay and their behaviour in all of this has been very disappointing.
However, there is light at the end of this (very) long tunnel and that light is Aravalli.
I am a strong supporter of this company and its executive leadership and with a little bit of luck and a strong Modi led Goverment that is cutting the red tape, we are in for good times ahead.
The future of IRL and Aravalli is shining bright in my opinion and we will all get there!
Aravalli
*All in my opinion only
IRL Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held