If anybody here is going to the AGM, (I wont be able to unfortunately), I hope they ask some serious questions about what is happening (so they can let us know).
Questions such as:
Why is aprox $85 million dollars worth of receivables from the last financial year still outstanding?
What steps are being taken to recover the outstanding balances?
Why was it necesary to write off $11 million in bad debts last year? What level of bad debts is expected this year?
What was the revenue for the last quarter? On what payment terms was the revenue booked?
Are you still expecting profit of $17 - $20 million this financial year?
