it’s pretty simple, 4.2 million was required to manage loans not taken by grapple until those contracts finish. I believe it will be within this quarter. that’s why on the 4c it’s listed under loans. so the money isn’t spent, lost, misplaced, it’s being used. others have said this, very plainly. this money will return. That’s the nature of loans, they get repaid. Minus Brett Lee no doubt, ffs
If we get to 4m for the quarter, with the staff reduction due to grapple, that’s not far off cash flow positive. 1.5m for April is a great start. It’s a steady jump up as well in payments , considering we had the cap dsd payments in sept. I dont disagreed about the sh1tty reporting and I dont disagreed that SS should be further along. We’ll see how it goes from here. I don’t disagree that AF is well overdue to update. this next announcement for airplus should be interesting though.
SPX Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
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