first debt repayment due 31 Dec18
No way they will achieve that, they had $33milion payables at 30 June 18 on top of the secured debt and will be cash flow negative Dec q
This is now a "work out" .
They will need to raise another $15million to pay for their sins, then its a buy
I just bought a small holding just in case of a rights issue
first debt repayment due 31 Dec18No way they will achieve...
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