I too dislike their short term funding solution of bank over draft as implied by their unaudited cashflow statement. It is costly. Why can they not manage their lender relationship better and get a cheaper facility instead of over drafting? Is it that they need a better CFO or is their bank reluctant to provide?
Also awaiting audited number to have a good idea of free cash flow generation.
Asked management for segment result too but was told to wait for audited report.
AZG Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held