thought might be good for a punt, but one look at cashflow statement, i will leave well alone.
this business cannot fund its expansions from operating cashflow, so talking ebitda is meaningless.
bankers all work on CFADS ( cash available for debt service ) . half year numbers do not look flash, esp when you consider half year should have included xmas sales.
BBG Price at posting:
17.9¢ Sentiment: Sell Disclosure: Not Held
