Very good response to asx query re cashflow today.At the end of december site had $3.4 million in the bank and have said today that the net receivables at the end of december of net $7.9 million should be received in the march quarter ,if this is case they should have over $11 million in the bank at the 31st of march 2016(a excellent position one would have to say).The company will not have to pay any tax for at least 18 months due to their $30 million of losses carried forward.
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Very good response to asx query re cashflow today.At the end of...
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