HIL 0.00% 14.5¢ hills limited

HIL Declining Value Ahead, page-10

  1. 10,372 Posts.
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    The writing was on the wall back in May 2016 when the best they could do for bank financing was just $15mio facility for up to just 18 months. For the balance of funding requirements they needed to resort to factoring their receivables, always an indicator of a company struggling for cash flow.
 
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Currently unlisted public company.

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