MKL mighty kingdom limited
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Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-7

  1. pski
    998 Posts.
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    04/11/23
    16:16
    Post #: 70728219
    They basically have no money based on the 4C. They had $750k end of Sept which they would have burnt already.

    I don’t see how they can turn this around. The cost for the business are rather fixed in the short term. Any redundancies are going to accelerate the cash burn even further in the short term.
    MKL Price at posting: 1.1¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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