"Following the rights issue, all interest bearing debt was repaid during August, providing an improved balance sheet and interest savings.
Combined with the anticipated continuation of profitable trading, operations are expected to deliver positive cash flow for the remainder of the financial year.
The cash position at 30 September 2014 was $639,000 in addition to undrawn financing facilities of $472,000.
The company is capped at around $8 million and could be an emerging growth story
and yesterdays appointment , maybe the stars are aligning , for this one.
WRR Price at posting:
16.0¢ Sentiment: None Disclosure: Held
