We now have the final change at Board level to set sail into the future. Business growth requires a different set of skills and maybe, just maybe, the likes of the major shareholders have got the message across to the Board, that the markets will not deliver more cash to Ben ‘pxxsxed’ up against the wall. The changes occurring in the capital markets / bonds / inflation / interprets rates. Any Board that does not heed the message will be directors of insolvent companies sometime not to far into the future.
Good thing is that the Covid debt moratoriums are in the past and businesses and professional service firms will be looking for was of accessing cash. That is where the QFE products come in. And QFE has resort back to the client business for recovery if the end customer fails to pay. Nice low risk.
We now need to see the next 2-3 quarters show a trajectory to achieving the revenue/ cash flow objectives by the end of this current FY.
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