Was here half a year ago, raised some issue about cashflow. Nothing's changed.
Some poster's opinion has changed though, like 8horse. Good for you guys who can see beyond your vested interests.
Not a real business if it cost you $1.10 to make $1.00.
I am not saying it is a bad business because businesses in growth phase incur debt to grow market share. But until they can show a turnaround in revenue it is still not a real business. WeWork anyone?
Also, how can a company spend $74M in employee and suppliers when they make $72M in receipts? How many employees are there? Or are they making milk powder for $1 and selling it for $1 including shipping costs? Or are they paying internal companies in China to drain capital away from Australia(using Oz capital and cashing it in China)? Not making an accusations but it smells fishy.
Expansion is good for growth but over-expansion is a major cause of business failure.
Not financial advice but please ask "why?"
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