Receipts from customers for last three months = $12k! Can’t even buy a second hand Mazda with that.
They actually had a better return on the risk free interest on their deposits at record low rates for the 3 months ($14k).
The temp CFO also seems to have pulled the pin which is conveniently buried in the announcement. They’ve made an internal promotion as I’m sure no reputable CFO will want to wade in this dumpster fire. So the former strategy and planning manager is going to swing the banks in funding Mildura??? He’s got all the relationships??? Third CFO in 6 months now.
Trading on hope
Ann: Appendix 4C - quarterly, page-4
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