CMQ
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0.00% 8.3¢ chemeq limited

determined to spend the remaining money

  1. nockname
    654 Posts.
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    15/02/07
    11:12
    Post #: 2196777
    Ouch! Spending on everything up for January over December

    Wages in Dec = $294k
    Wages in Jan = $730k

    Did they just hire back all the people they laid off!?!?

    December working capital = $54k
    January working capital = $1,525k

    Looks like they are determined to spend every last cent of the bondholders cash before losing the appeal.
    CMQ Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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