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08/03/18
07:35
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Originally posted by olipoker
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Minimum $58m in 6 mos, not likely, but they could give it a good go, if they choose to..
Forget about the projected $80m, NOT GONNA HAPPEN. FY $50mil target just might. Would be tight, but a damn good start and show the lenders how committed they are to turning this around..
Options are out there, the brass just need to realise them..
Things like a cut in executive remuneration and allowances, could probably save a few mil just there for FY..
Corporate costs are often the easiest to manage and hardest to do..
More customers = more cash flow, and cash is what is needed..
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Fat Tony will be all against this.
He probably made his exit and lingering in the trough still feeding.