MTA closed at R5.15 but the cash burn on distribution is brutal if you look at the cash flow statement. The…by @julianreins_jse on $MTA

MTA closed at R5.15 but the cash burn on distribution is brutal if you look at the cash flow statement. They've got maybe 18 months left at this rate unless revenue picks up materially. Revenue growth is there but margins are getting squeezed, could read as working capital management issues more than anything else.