Cerainly requires a turnaround in sales as they continue to set record lows. Hard to believe that two years ago the company had over double the revenue. Corporate overheads haven't been cut as a consequence and they have now reached 29% of revenue.
Well overdue for a capital raising. Receivables plus cash is $3.9M while payables are $5.7M.
Ann: Appendix 4D and Half-Year Report, page-2
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