nothing that exciting about the result for stakeholders who will have to grind it out.
sp tracking business financials.
debtor days & debt up, cash flow& profit down
note customer base diverse & some given renegotiated terms.
appreciate a few one offs.
will be a good test of mgmt but perhaps the family may look for the exit door if the right offer comes along
subject to accc and open the books up for dd.
better value elsewhere.
CKL Price at posting:
60.0¢ Sentiment: Sell Disclosure: Not Held