They are going to do well to keep this thing from sinking. Not much cash on hand and 2 of the first 3 months of 2011 have produced negative figures. As we all know in Cairns, things got worse after March, so the next report will be interesting. At what point will the NAB pull the pin? End of June is the next renewal.
Bundy_Too is right, this business would be profitable if privately owned. I just can't see it surviving as it exists.
They are going to do well to keep this thing from sinking. Not...
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