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.
Well it is going to depend on a) what their trade payables were,...
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Last
$1.15 |
Change
-0.080(6.50%) |
Mkt cap ! $150.6M | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.15 | $1.14 | $897.6K | 781.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 45505 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 42784 | 3 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| SSG (ASX) Chart |