ABQ 0.00% 3.4¢ allied consolidated limited

recent financial announcements suggest heavy cash burn. watch...

  1. 16 Posts.
    recent financial announcements suggest heavy cash burn. watch critically where the cash goes from recent equity raisings.

    will be interesting to see what the latest story is at the AGM coming Monday.

    full year results were terrible with mgmt then trying to carve out normal business failure (bad debts etc) as extraordinary.

    likely take-over target for other cashed franchisors or international entry.
 
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