For those not used to it, when a Quarterly 4C is cashflow negative the business have to demonstrate how many quarters their cash on hand can cover based on the loss they've made during the quarter.
If the result is less than 2 quarters then the company has to explain how they will finance themselves.
The goal is to prevent companies from trading while insolvent.
In Q2FY25 WHK had a decent quarter (relative to the usual)
However Q3 was quite bad
This CR tells me they didn't get the sales they were expecting for Q4...
Former holder, loved the company in the past but kept it too long and sold to reallocate funds
WHK Price at posting:
1.4¢ Sentiment: Hold Disclosure: Not Held
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