They did not release the 4Q / 4C cashflow report early but will ok Tuesday. They divulged that available cash is down to $80 mil from $92 mil in March, but indicated they repaid $20 mil to the corporate facility. Did they get crunched by the lenders? I reckon maybe - they raised $267 mil and spent $287 mil to save $19.5 mil interest per annum.
Then the FY24 financials in August - we know they will not be flash as the business has been declining, arrears rising and the business is short of cash despite claiming ambitions to expand. And there are whole chunks of information to be divulged.
I reckon you are being very optimistic Tradie.
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