The cash balance will be very low. It doesn't take a genius to forecast it.
We know they've drawn more than $10M from facilities and their expenditure is around $30M per quarter. That leaves us with about $15M, subject to timing of receipts and payments and bad debt stats.
It's a precarious position considering they want to acquire Payment Assist and need cash to ramp up their US bid.
BNPLs may fold soon or be acquired for chips.
- Forums
- ASX - By Stock
- OPY
- do you believe
do you believe, page-1642
-
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)