You would think that now, some 2 months after balance date, the guys owed $634m for trade payables would be jumping up and down for their money! I certainly would if I was on that list.
How have they been looked after? There wasnt enough cash to pay them out?
Will one of them spit the dummy?Will they be asked to accept equity instead of cash?
Its curious that not too many of you have an interest in this number as it is so closely linked with their cash position.
Getting your creditors to fund your cashflow is a technique often used, but it doesnt work for long!
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