i thought they were paying off the high debt and regulatory fines Argentinian government handed to them and this is what @colinchi is referring to the cash burn.
Also dropping Aussie dollars is even making it worse for the cash in the bank which they have in US dollars.
hookers and booz is also another area where they are spending big time as mentioned in the last GXY's financial report.
Ann: Corporate Presentation - July 2019, page-239
-
- There are more pages in this discussion • 59 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)