Is TBA solvent ?

  1. 359 Posts.
    lightbulb Created with Sketch. 198
    with only $430 k left December 31 and extensive carrying cost are they solvent ?

    Am i reading the 5B correctly as i couldn't find any debts to creditors, did they pay all bills up to date as of 31 Decemeber ?

    Are they still paying staff and rents and Directors ? If so i cant see how $430k was enough for January ?

    I hope i am wrong as i would hate to see this go to Administration
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.