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 Is in Trouble with Cash Flow
The only light is supposedly wind towers. Would you give a...
-
- 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)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries