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12/12/16
10:44
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Agree Gassed,
It's rolling off fast now. I have:
Net debt end Q2 at $11.5m.
End FY17 net debt at less than $8m. And that's with no equity payments factored in. I also expect them to have ~$10m net receivables by this time.
Conservative figures I think. I think they have sacrificed 1H earnings (whether by choice or not) to ensure things run smoother in the 2nd half.
Would be interested to hear what others think in regards to the current market cap of ~$16m and at what point we will see trend reversal.
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