Following the Half yearly I don?t have clarity over the following items, and now that the Perth office is open for Business can someone shoot management an email and find out the following.
1)March 2011 cash position , $9m as at Dec 2010 2)Cash facilities available, if they drew down all debt facilities.
I would like to point out, something as important as cash should have been highlighted in the quarterly report released 31/1/2011, rather than the half yearly. Why was this left out?
Furthermore management should update the market more regularly on their cash position. I?m sure if the market had clarity over these issues the ?downrampers? would go away.
CCC Price at posting:
66.0¢ Sentiment: None Disclosure: Not Held
