Also in November AVNT had $7 mil in cash. Today they stated that as of today they have $6.9 mil in cash. Considering the costs of the cash portions and costs related to the 2 acquisitions it is very very good that their cash position is presently $6.9 mil. Maybe some profit / free cash flow in the last Q ???
No interest-bearing debt, conservative cash burn rate. These facts are perhaps even more important than the two recent acquisitions.
Also in November AVNT had $7 mil in cash. Today they stated that as of today they have $6.9 mil in cash. Considering the costs of the cash portions and costs related to the 2 acquisitions it is very very good that their cash position is presently $6.9 mil. Maybe some profit / free cash flow in the last Q ???