Ann: Monthly Appendix 4C October 2021, page-5

This company is an absolute joke. Check out the rundown of loan facilities. The only difference between the Sep and Oct 4C is an additional $100k reduction in the PFG Term Loan, yet magically the amount available to be redrawn has increased from $3m to over $3.8m. Even the amount of borrowing repaid is only recorded as $174k at item 3.6.

Is there a loan facility the market is not aware of because the total amount of borrowing facilities don't reconcile with disclosure?

If this is an actual error, then this reduces available borrowings to $3.1m (up from $3m on the previous month) and a material reduction in cash to $1.155m (from $2.122m) for total liquidity of $4.255m and the liquidity to less than 6 months, triggering the going concern questions.