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If they stop trying to setup new funds they will die a slow...

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pikel1980

396 Posts.

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20/06/18

14:57

Post #: 33829695
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Originally posted by Birmie ↑

Agree they should cut costs,especially if they have to rely on only existing investments. They also could just mothball operations for a period or seek to sell if not taken over. Long term cash forecasts are only paper profits and should never affect current cash flows.All told the Board needs to finally do a bit of forward planning.

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If they stop trying to setup new funds they will die a slow death, it won't be tomorrow but it will die. Once that shuts down, there is no way they could get it started again.

BLA Price at posting: $1.50 Sentiment: Sell Disclosure: Not Held
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