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Old 31st July 2024 | 06:28
  #223 (permalink)  
MickG0105
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Joined: May 2016
: PPL
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From: Sunshine Coast
Originally Posted by nomess
The cash situation here seems fairly dire, ...
You certainly get the feeling that Rex has just been incinerating cash over the past six months. All these emerging stories of unpaid bills are indicative of negative net operating cash flow. The first meeting of creditors should be next Friday or the following Monday, so we'll have a clearer picture then.

Last edited by MickG0105; 31st July 2024 at 09:06. Reason: Clarification on cash flow
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