BLV 0.00% 1.6¢ blossomvale holdings ltd

Vendor payments are very high, I think around 10 million. Net...

  1. 20,510 Posts.
    lightbulb Created with Sketch. 2043
    Vendor payments are very high, I think around 10 million. Net cash may be alot lower since they have been bleadjng revenue, the 6 million dollar loss, the high over heads etc. So net debt may infac be closer to 50 million now. The banks are looking to secure their loans so they don't really care about cash if it is falling away every quarter.
 
watchlist Created with Sketch. Add BLV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.