CNW 0.00% 3.0¢ cirrus networks holdings limited

Go and read the numbers again. Compare the current assets and...

  1. 498 Posts.
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    Go and read the numbers again. Compare the current assets and the current liabilities in both years. 2017 it was positive current asset and now you have a deficit in 2018. You do understand that current means those assets or liabilities are due in one year? For a growing company that's not a good thing. For me that trend needs to be reversed and cash needs to be held, rather than leak out the door. If anything raise some capital if need be. Not load up on debt.

    The share price response was exactly like I thought to the current announcement.
 
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