Yes, I think this is the place for some serious action today. Going to be difficult to buy as the majority of those happy to sell in this range that took their profit yesterday.
Yep, disappointed that the receivable situation has worsened and that there doesn't appear to be any tangible movement on the diversification strategy, however I do believe that GWIN are at least reporting genuine figures unlike some of the other Chinese based companies and that they will slowly turn it around. Cash position remains a concern though.
They are in to their overdraft facility, but have reduced the net debt. They are going to need this financing facility though based on the lack of conversion.
They haven't converted any of the 6 deals in to cash and not provided any timeframe regarding these. Thought the drop would have been greater. The funding is a MOU and not a confirmed deal. In spite of all this would be tempted in the 7's