After the net debt fiasco, the CFO is next to be jettisoned. To be replaced with someone better equipped to manage the balance sheet. I imagine the search has already been in progress.
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My understanding is it’s just a working capital build so the traders could take more positions and cash in on the commodities price volatility due to the war, I don’t think it’s a major concern as they are gunna post huge numbers as a result.
But hey, what do I know?
So I saw our net debt increased but I didn’t understand what happened? Is someone able to explain?