GAP gale pacific limited
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Cash might fall. Funding US expansion will consume cash and the...

  1. johnmcgee
    912 Posts.
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    16/01/18
    11:36
    Post #: 30336389
    Cash might fall. Funding US expansion will consume cash and the reduction of inventory hold time and payment terms has to come to an end at some point.

    I’d prefer to see more buybacks and the dividend cut given they don’t have franking credits to go with the shares and they are trading st a very reasonable multiple
    GAP Price at posting: 36.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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9.8¢ 		Change
0.000(0.00%) 		Mkt cap ! $27.89M
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