Well it is going to depend on a) what their trade payables were, b) inventory. 31st December is a season high point for cash as they've already collected cash from Xmas sales but probably have a few outstanding invoices for the stock. A $20m cash movement on that wouldn't surprise me.
You're right re: inventory, the question will be whether SSG (and other retailers) made the same mistakes as Kogan and have too much inventory.
Ann: SSG - FY2021 Outlook, page-12
Add SSG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.23 |
Change
-0.010(0.81%) |
Mkt cap ! $160.4M | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.24 | $1.23 | $153.4K | 124.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 4977 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 4123 | 2 |
View Market Depth
| Last trade - 15.48pm 08/10/2024 (20 minute delay) ? |
| SSG (ASX) Chart |