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0.00% 26.0¢ good drinks australia ltd

Yep, $3m cash, $2m debt = $1m net positive cash position = debt...

  1. GrizzlyAu
    818 Posts.
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    30/04/17
    10:40
    Post #: 24362094
    Yep, $3m cash, $2m debt = $1m net positive cash position = debt free in my spreadsheet

    Any business needs working capital, if sales are growing the should be able to remain net debt free. Of course sales and marketing costs are well up, but that is expected at this stage in their business.
    Last edited by GrizzlyAu: 30/04/17
    GRB Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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