That cash monthly cash burn plus acquisition $35m in current will increase gearing ratio substantially. They must have cash flowing around wildly otherwise why take on $30m debt when you have $80m in the bank. Also bank margin high at 2.6% would suggest not overly keen to borrow funds. Suggest a cap raising on the way to eliminate any debt for the year ahead.
That cash monthly cash burn plus acquisition $35m in current...
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