Hello JAT Tribe
I've just started my research on this one. I'm intrigued.
1 Can someone help validate for me my understanding from the half yearly that if they recover the $2.5M from NCA (which they said they expect to) then that will be another $2.5M straight to EBIT for this FY right?
2 Is there any indication what capex they have in mind for the new $4M convertible note? I was deducing from my research to date there wasn't any further major capex in the short term needed......
I'm liking what I see so far, I'm imagining the 4C to indicate break-even and a favourable NCA resolution would be a nice little kicker
Ann: Coronavirus and manufacturing update, page-80
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