RED 0.00% 34.5¢ red 5 limited

Ann: Preliminary December 2020 quarter update, page-7

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  1. 12,006 Posts.
    lightbulb Created with Sketch. 6774
    So... cash held last quarter, was $107m.
    Now... we are at $94m.
    Debt payment $3m.
    $9m invested in KOTH.
    Darlot made.... zero, and will almost guaranteed to be loss making until the hedge is finally extinguished (especially with the below downgrade).

    https://hotcopper.com.au/data/attachments/2828/2828242-d673fc249b0feeb5642c872de5bce1c0.jpg
    Guidance has been downgraded by 10-13k... AISC increased by another 10%.

    Good luck to all holders. I just find their inability to succeed at Darlot a worry.
 
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