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Last edited 5 years ago
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#Risks
stale
Last edited 5 years ago

6 Dec 18: Company update wipes out previous guidance of EBITDA FY19 of between $3-5m.  CEO leaves and the company is no longer able to provide guidance.  Given the current banking convenants, it is unlikely they will be able to further draw on current debt facilities for the rest of FY19.  

An example of not to invest when you don't trust management.