Yep. It’s likely a question of how much they can cut the employee expenses, delay payment to suppliers and landlords and whether they can arrange a larger debt facility.
I expect revenue will decline significantly and they have circa $120M of current liabilities as at H1FY20 with $36M cash & $28M of current receivables. Wage bill prior to any cuts is $68M per half year. I’ve contacted CFO after last announcement but nothing back as yet. I imagine bunkered down doing BC/DR.
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