KDY 0.00% 2.7¢ kaddy limited

CR was not required now based on cashflow forecasts with...

  1. 4,872 Posts.
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    CR was not required now based on cashflow forecasts with conservative growth & cost savings announced.

    It was mentioned no CR required as there is ample cashflow until 2023. 1M supplier & big brands also mentioned.

    https://hotcopper.com.au/data/attachments/4546/4546456-34c74f01d9867daa1e2564220002ed8c.jpg

    Doubt this was strategic. More like desperation as the 4C is not good. Otherwise they could have waited a few months until markets recover.
 
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