EGG 2.67% $1.16 enero group limited

sunny side up?, page-3

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    $23m cash at June 2012
    -$13m cash payable as deferred consideration
    +$7m cash for BWM sale in Aug 2012

    If they were breaking even then you would expect them to have about $17m in the bank. Instead the update last week says that they have $7m. Happy to be wrong but it doesn't look good to me.
 
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