The company paid 4.7M to close out all trade finance debt during this period. To classify debt repayments as 'cash burn' is far-fetched. It seems the $7M trade finance facility is still available to be drawn upon to fund working capital for large orders.
MCE Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)