My reading of the unaudited (yes, unaudited) preliminary final report suggests that they are near enough insolvent.
* Negative operating cash flow
* Current liablities much greater than current assets
They will either have to sell their Weatherly shares or raise more capital to keep the show on the road.
- Forums
- ASX - By Stock
- dont understand
My reading of the unaudited (yes, unaudited) preliminary final...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)