When revenues fall, it generally means that there is no growth.
So if there is no growth it means revenues are falling which means that operating cashflows are well and truly negative.
This company is burning through its cash balance.Let me say that again, GYG is burning cash, read through the tables in their disclosures, it has all you need to know.
The company has negative cashflows from operating activities through both the quarter and year to 31 Dec.
GYG Price at posting:
$27.61 Sentiment: Sell Disclosure: Not Held
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