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0.00% 3.0¢ cirrus networks holdings limited

I'm guessing the problem is the balance sheet and the level of...

  1. Charlie73
    105 Posts.
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    20/03/18
    14:22
    Post #: 31888120
    I'm guessing the problem is the balance sheet and the level of confidence in their ability to pay for the recent acquisition. $3.5m owing, $3.8m cash in the bank, but negative cash generation. A capital raising or debt required at some point soon.
    CNW Price at posting: 1.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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