Board should be sacked....every division made an EBITDA loss; they have ~2.5m in borrowing outstanding (excl lease liabilities and trade payables), and yet found it important to pay 400k in dividends!!!!
~$1.8m in cash in the bank & to my recollection, don't have any borrowing capacity (outside of GJD's facilities).......absolute shocking management and you have to wonder how they are going to continue without some borrowing capacity and/or a capital raise not to mention what they can do IF there is any material order from Telstra.....negligent behaviour from both the board and management
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Board should be sacked....every division made an EBITDA loss;...
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