I disagree on the cash position HDR had to go to London to obtain cash to fund current projects via the placement. The company said as much. At that time they were unable to fund current projects for the next 18 months.That was not a good sign for the business. Any unforseen problem during that timeframe and they would have been cash strapped. Assets they had, projects they had but liquidity to keep the wheels turning over was running low IMHO. Solution get out while you still can do not go down with the ship
- Forums
- ASX - By Stock
- HDR
- what a difference management
HDR
hardman resources limited
what a difference management, page-15
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HDR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online