The Australian says:
"Centro is operating with a negative cash flow, has no cash in the bank, and is surviving day-to-day on a liquidity facility from its lenders which is up for renewal when a broader debt extension falls due at the end of September."
They must have spotted the Current trade payables number of $634m as well! Cash needed to keep those creditors quiet.
The Australian says:"Centro is operating with a negative cash...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)