Just had another look at the company
Cash increased from $4m from the HY to $8.8m at the end of FY
Debt increased as well, so that cash flow is not all from the company's operations
But most importantly the company is cash flow positive. Cash on hand is increasing as a greater rate than debt. Much greater rate in fact.
Net debt of $4.5m at the start of the year to possibly net cash (or close to it) at the end of year
Need Appendix 4C to confirm
DEL Price at posting:
9.0¢ Sentiment: None Disclosure: Not Held
