Surplus funds, we appear to need them and as far as next QT maybe my pessimistic view will change, that's maybe.
My question or observation without any word from the company is with the $5,350,00.00 outstanding liabilities, can it be the case that expenditure is being covered by sales? This was in followup to what you said, now if you mention expenditure and sales in a rules on relist thread - then I'm sorry for discussing this issue here, should I start a new thread? You said: "OK, so my view is that the expenditure will be covered by sales - IMO it will not be covered by further borrowings. If so the sales will be in a buoyant market so quite profitable??"
If sales are so rosy and covering the expenditure why is there $5,350,000.00 of outstanding liabilities and management appear to hope to cover this with the funds from the newest proposed shareholder. The piggy bank does not seem to be that full.
CSD Price at posting:
25.0¢ Sentiment: None Disclosure: Held