TSN 0.00% 1.0¢ the sustainable nutrition group ltd

Short Runway

  1. 691 Posts.
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    I see the company had $3.5m at the end of the December quarter.

    They also have a fully drawn debt facility of $1.6m and have predicted a cashburn of $1m by end of March this year.

    That suggests that they will have a net cash position of $0.9m by March 31st this year which seems like a cash raise is inevitable in the next couple of months.
    https://hotcopper.com.au/data/attachments/1970/1970251-e390da7739963e05de342c50f5cded0d.jpg
 
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Currently unlisted public company.

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