First note the error in Sep 2020 report which has a column 'Year to date (6 months)' should say '(9 months)'.
Receipts from customers;
Dec full year 12 month total was $92.959m
Yet this year only...
March qtr 2020 $17.542m [3 mth total $17.542m]
June qtr $5.461m [6 mth total $23.003m]
Sep qtr $5.653m [9 mth total $28.656m]
Receipts from customers is way down. Is nobody buying water now it's raining?
And why put this report out on Friday at 6pm? Do they think they can hide it?
They have drawn down $111.379m of their $112m loan facility.
Now $111.379m / share issue 119.38 million = $0.93 per share debt.
There is something very wrong with this company!
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