Well it is going to depend on a) what their trade payables were, b) inventory. 31st December is a season high point for cash as they've already collected cash from Xmas sales but probably have a few outstanding invoices for the stock. A $20m cash movement on that wouldn't surprise me.
You're right re: inventory, the question will be whether SSG (and other retailers) made the same mistakes as Kogan and have too much inventory.
Ann: SSG - FY2021 Outlook, page-12
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Last
$1.34 |
Change
-0.010(0.74%) |
Mkt cap ! $174.9M | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.34 | $1.32 | $168.1K | 126.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7684 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 14999 | 1 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| SSG (ASX) Chart |