re: snn - what the.... Revenue is down by approx $2 million from last quarter and "other working capital" is on the rise at $7.5 million this quarter.
All I can suggest is they paid too much for the mobile phone business, and the overheads are eating up their profits.
They still have $6.7 million in the bank, but they need to reduce their consumption of working capital or they will not be able to maintain their Div payments.
Tex.
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