The only light is supposedly wind towers. Would you give a contract to a company that is in dire straights? The facility from LIM Opportunistic Fund is loan shark rates. 20% pa plus call option to convert at 18c! They also didn't impair any PPE and goodwill only receivables. The operating cashflow looks horrendous. I don't see any light only darkness but as always DYOR. Good luck to those who want to take a punt.
- Forums
- ASX - By Stock
- EAL
- Eal Is in Trouble with Cash Flow
Eal Is in Trouble with Cash Flow, page-10
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)