EOF 13.9% 4.1¢ ecofibre limited

Ann: Pause in Trading, page-21

  1. 1,854 Posts.
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    So hostile!
    From the last quarterly - cash available $16.9m
    Cashflow from operating activities $0.2m
    Cashflow from investing activities -$7m
    Economic conditions for the rest of this year are likely to deteriorate significantly from that of the first quarter, so given the cash burn of $6.8m in that quarter I wouldn't have thought the possibility of a CR was all that out of the question.
    Happy to be completely wrong however
 
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