AMA 4.69% 6.7¢ ama group limited

Cashflow is positive after interest that's the main thing. If...

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  1. 1,578 Posts.
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    Cashflow is positive after interest that's the main thing. If you read the detail in the Quarterly release they had some cash differed due to timing of easter circa $8m.

    I suggest the next quarterly release will show a significantly better cash position as it is usually a stronger month, the differed cash and the current positive underlying momentum in the business.

    Lets not all start guessing/speculating and wait and see.

    The change in the board appears to be a positive one so I am hopeful that with the announcement of a new board, a favourable quarterly announcement and an update on refinancing (with Thorney's support) we should see the SP change direction.

    Fingers Crossed


 
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