They have $36m in cash, with a little more available on their credit facility. The rate is rather cheap (sub 3%) so they're not creating big expenses by drawing down alot of cash.
At $36m and with current operations open, they can last very long, much longer than a year. On the call to investors they stated they're running cash flow neutral. Mocka NZ should open soon (april 22nd is the end of phase 4 lockdown), which will only add to cash flow.
How strong cash flows will be from retail once they open is another question. At the very least, they're running a small cash flow surplus until a vaccine is in. That's the worst case.
I'm willing to have a year of no cash flow for a company trading at ~4* EBIT (not they'll return to that figure immediately)
- Forums
- ASX - By Stock
- ADH
- ADH Cash for Survival Okay
ADH Cash for Survival Okay, page-2
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADH (ASX) to my watchlist
|
|||||
Last
$1.67 |
Change
-0.195(10.5%) |
Mkt cap ! $291.7M |
Open | High | Low | Value | Volume |
$1.79 | $1.79 | $1.65 | $4.419M | 2.617M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2525 | $1.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.67 | 18934 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2525 | 1.655 |
4 | 8763 | 1.650 |
3 | 13710 | 1.645 |
4 | 10913 | 1.640 |
3 | 10412 | 1.635 |
Price($) | Vol. | No. |
---|---|---|
1.670 | 18934 | 1 |
1.675 | 8985 | 1 |
1.680 | 10013 | 2 |
1.685 | 21835 | 3 |
1.690 | 13013 | 3 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
Featured News
ADH (ASX) Chart |