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More importantly ...The CASHFLOW statement is a DISASTERBurning...

  1. ray_dalio_fan
    566 Posts.
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    29/06/19
    11:36
    Post #: 39300020
    More importantly ...

    The CASHFLOW statement is a DISASTER

    Burning $150m cash evert 6 months ... another DILUTION / RAISING is only a matter of time away

    Proceeds from Borrowings and Raisings are keeping the company afloat.

    Very similar to ABC Learning Centres

    https://hotcopper.com.au/data/attachments/1617/1617340-e33fc771c420e8ec848524765f9f4efb.jpg



    APT Price at posting: $25.07 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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