Ann: Trading Halt, page-38

Mate,

they only have $3m in cash and $4.6m in receivables as at 30 June 2019 and more than $11m in current payables. Please check the Prelim final report.

$4.6m is just enough to pay off Seisun debt. Don’t know what their current AR is, but they need minimum $10m in AR in my opinion to draw down the Scottish facility. And this doesn’t include the cash flow spending for Sep qtr.

a lot of variables and unknown, but a non accounting background person knows our cash is in a dire position. It’s only you who thinks otherwise and keep upramping this stock with unsubstantiated numbers.