I was also shocked by the amount of cash on hand (9k! as of 31/12/16), but their receivables is quite a bit more than payables and they also have overdraft facilities in place. The level of debt they will have post IPO is more than manageable.
I was also shocked by the amount of cash on hand (9k! as of 31/12/16), but their receivables is quite a bit more than payables and they also have overdraft facilities in place. The level of debt they will have post IPO is more than manageable.
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