Around $300 million working capital is expected to be progressively released as the MC/CW contract winds downFull unwind should be finalised by October 2019Release should see (subject to new business): - Debtors reduce by approximately $320 million- Inventory reduce by approximately $160 million- Creditors reduce by approximately $180 million
This assumes a full exit of MC/CW??
How many other pharmacies are being funded as above and how many other ASX listed businesses are there which fund their franchisees competitors on such a grand scale?
News: SIG Sigma Healthcare Declares Final Dividend Of 2 Cents Per Share, page-2
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