The thing is although BAL's cash position isn't great at the moment, it still holds value in its assets (inventory), which will be converted to cash at a 40% gross margin.
The inventory has a long shelf life, they'll sell it off while reducing new purchases, and hopefully management will look at some cost saving initiatives too.
All's not lost.
Ann: Business Update, page-201
-
- There are more pages in this discussion • 116 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)