Mau, trade and other receivables (ie money owing to the coy to be paid by customers) is 3.1 million on top of the cash. The cash as you will note from the last update has actually increased to 5.1 million.
The Debt of 8 million you talk about is actually 5.5 million of current trade liabilities but a loan also of 2 million (was that for the powereagle trademark?) that has actually been repayed down to 1.6 million.
Essentially they have more than enough to cover their debts....for the moment. Hence the importance of increasing revenue.
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14.5¢ | 16311 | 1 |
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2 | 156786 | 0.135 |
3 | 91889 | 0.130 |
3 | 114000 | 0.125 |
1 | 6271 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 16311 | 1 |
0.150 | 176772 | 2 |
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