6 months ago, Flowcom could not afford to pay its bills. Little has changed since. Its cash burn rate still exceeds what is required in order to build a sustainable, profitable business.
Today's announcement whilst a step in the right direction requires more. Provided, therefore, management take heed of this warning, and the Delgrave team brings new management experience to Flowcom, then they should survive.
FLO
flowcom limited
6 months ago, Flowcom could not afford to pay its bills. Little...
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