RE: $96 million cash collections in 5 months1 May 2020 15:11
It would have been nice to get more info on the actual cash position. Cash collections are fine - but what's the outflow. Also gives Free Cash Flow projections on the asset level but let's see the full picture. Just seems odd that they don't tell us this - which gets my radar spinning. Don't see any chance of an MBO. What would be the motivation ? The Board are getting paid generously, likely to pick up some more hefty bonus/options, and if the did an MBO any PE financing Co would make them put everything on the line.