EOF 2.78% 3.5¢ ecofibre limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2

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  1. 1,193 Posts.
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    These guys are going to need some serious sales in all their departments to break even. Currently operating on borrowed money, about 2 quarters of runway left on current revenues.They are going to need a 40% uplift in revenue across the board to just break even!

    Management should do a cap raise of at least 20 mil and take a salary haircut so this business can live to prosper in the future.
 
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