MOZ 0.00% 3.6¢ mosaic brands limited

Ann: MOZ - FY20 Results Release, page-25

  1. 441 Posts.
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    it's net current liabilities is -83.5million. How's it going to pay?

    You should also ask qantas about it with their 8bln debt, negative 3.5bln asset balance and nowhere near to get any profit soon.. Also check retail peers ADH with their 25mln in liquid assets vs 77mln current liabilities, how do they gonna pay and why on earth their SP traded above pre-Covid now regardless?

    You just can't measure business performance based on its assets at some point of time. It is rather ongoing process, just let this business continue to operate so they have sufficient cash flow which is not an issue for them. Also, they have 86mln cash in hand currently if that helps..

    MC is only 48.4m

    That just means low SP and the right time for entry. If you are not ready for it i wish you good luck with your other opportunities..

 
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