Cash position over time in 2020This impact of COVID over sales, is seeing a cash position impact in 2020.
Maybe it will, in the near futur mean a change of perspective for the management in terms of need for CASH at the end of year:
Here is the reality of cash position burning, that will be impacted harder with sales being touched:
As for feb. 2020, in the first quarter: cash position: 34, 770, 000.
As for may 2020, in the second quarter: cash position: 31, 643, 000.
As for the PR today, management sees cash position to be as for en of august: 27, 000, 000.
Thats burning money pretty fast in six months......
FTV.