This outfit’s problems stem from a lack of dinero going forward, having only one quarter of cash left as disclosed in their March 31, 2022 disclosure 4C.
Now I’ve never been good at Applied Mathematics but I can count on my fingers, and adding one quarter of a year, i.e. 3 months to March 31st indicates that without a significant cash injection they will cease to be able to pay their debts as and when they become due on 30th June, which is a handy date for everyone who will be crystallising any tax losses beforehand.
I won’t post a chart. It looks absolutely awful, does HPP.
Anyone who changed the name of Buderim Group to Health and Plant Protein Group has obviously never had a stammer nor any idea of English syntax nor the appeal of a name to ordinary English speakers.
And they are Queensland Nuts not Macadamia Nuts.
gg
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