I certainly don't like the fact that they have had to take out a...

I certainly don't like the fact that they have had to take out a 90 day loan for A$135K on 7th May, with total interest and other charges of A$35K, and another 60 day loan for $275K on 22nd June, with total interest and other charges of A$50K. That's A$85K paid out to short term lenders in 2 months, (A$510K annualised). Presumably the banks aren't keen to lend, and other stekeholders unwilling to dip their hands into their pockets for $410K repayable 3 months later.