Now that the $32 million placement is completed, the debt issue...

Now that the $32 million placement is completed, the debt issue is sorted. They will save a heap of $$$ in interest costs plus they have consolidated operations centres from 5 down to 2 saving more money. Customer receipts are growing nicely as well, I believe this is a good turn around story, just might need a little patience. The new management team have a proven track record of turning companies around and the fact that one of the directors entities, black crane has stumped up most of the cash in the raising and now has 50% of the shares on issue shows that they have huge belief in this story. They are cashed up and able to Aquire any complementary businesses.