and??
$24m as part of ca$h flow management is very normal and vital right now. think of the size of our
a/c receivable - a/c payables and that would be a rounding error. $900m AUD per quarter revenue - what is that as a %?? <3%.....who cares.....liquid ca$h is obviously constrained.....laying off non essential staff, reducing operations, all part of the downcycle.....deferring 1 payment...or simply mi$$ed payment cut off - either way, its temporary...
they MUST preserve ca$h and defer what they can until the ABL is sorted - shows proactive / responsible ca$h mngt!
would u risk your mortgage payment to pay the plumber who changed the tap seal??
its all relative dude.....
(20min delay)