'ECT has more cash in the bank than MNM.'
MNM has $3 million at bank after an oversubscribed CR last month.
This is taken from ESI's last annual return, so the figures are as at 30/6/11:
'CURRENT ASSETS
Cash and cash equivalents $670,653
CURRENT LIABILITIES
Trade and other payables $453,840
Interest bearing liabilities $293,489
Provisions $80,088
Total Current Liabilities $827,417
NON-CURRENT LIABILITIES
Other financial liabilities $654,620
Total Non-Current Liabilities $654,620'
that looks like cash of $670k versus current and
non-current debt of $1.4 million to me.
so the question of how much ESI actually has at bank at the moment is a valid one? its been quite a while since they provided that information to the market.
SP3 seems to know - so, SP3, how much cash do ESI currently have at bank?
more than MNM's $3 million?
seriously?
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