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Cash is the chief concern after share price collapse
Thursday 20 Jul 2017 Author: Steven Frazer

Cash conversion remains one of the biggest stumbling blocks to share price recovery at data erasure business Blancco Technology (BLTG:AIM).

Analysis by FinnCap estimates just 43% of earnings before interest, tax, depreciation and amortisation (EBITDA) in the past year turned into cash, and that’s excluding exceptional items.

Blancco shares have collapsed from 306p in March to 102.5p.

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