Greekwatchdog
09-05-2024, 02:00 PM
Not quite true about the borrowings
Post IPO wasn’t excessive but it blew out with large capital spend on modernising plant and borrowing to acquire that Aussie outfit
Theybthen have struggled to generate much in the way of cash from operations ….hence their dcurrent dilemma
Sad really
And at the same time they lost their largest client and haven't been able to replace them.
Post IPO wasn’t excessive but it blew out with large capital spend on modernising plant and borrowing to acquire that Aussie outfit
Theybthen have struggled to generate much in the way of cash from operations ….hence their dcurrent dilemma
Sad really
And at the same time they lost their largest client and haven't been able to replace them.