Please explain how the company is struggling? is a business expanding called struggling? Please re-read the RNS, the cashflow situation is due timing of payment from customers - we've only just recently stated delivering the products and cash is tied up in stock and awaiting payment. In the real world you supply the goods and then get paid on agreed payment terms.
There is nothing in that rns that we didn't already know anyway.......just an affirmation of the last one that HM are struggling and the fraudulent activities haven't helped the situation.....it may mean they would get a lower price if they did decide to take over but then they would be taking over a company which seemingly is in difficulties, not very pretty at all ....makes me wonder if Leed with hindsight are regretting making the investment in HM, time will tell. Good luck all
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