Glad your not my accountant.. They have $16m in the bank which setting aside extraordinary items ($13.5m revenue, $3.6m expenditure) is a loss for the quarter of $3.4m or $7.1m if you include the concession. Working capital refers to the amount of the clear funds on hand is available to use and not committed to expenditure liabilities. So of the $16m in the bank they can use $14.9m of that on future expenditure.
HAW Price at posting:
5.4¢ Sentiment: Hold Disclosure: Held
