With only $3.471 million dollars left in the Bank at the end of...

With only $3.471 million dollars left in the Bank at the end of December 2018, this may cause further problems for the cash flow of Olivers.

Suppliers get nervous when they see companies running out of cash and may demand payment up front and any monies owing to them to be paid before supplying further goods. If this became the case it will put ENORMOUS PRESSURE on the cash flow of Olivers going forward.

This combined with GST & Wages and Salary payments to the Tax Department will add extra pressure.

The Directors will be aware that they cannot breach Company insolvency rules and must trade in a manner which means that all bills that fall due must be paid on time. Failure to do so means they may face severe penalties. This is not suggesting that Olivers may be in this situation but $3.471 million dollars is pretty skinny to survive on.

I would naturally be very concerned if I was a shareholder and I would discuss my position with a financial adviser on what i should do from here.