CEO Dan Brady discusses the COVID-19 business shutdown and notes the Group’s $100m cash in the bank and $10m / quarter operating expense.
Dan Brady, CEO of Redcape said “As a management team we are working to ensure a successful return to full operations of our traditionally resilient business. Our business model and flexibility in our property allows us to be innovative with these businesses as society returns largely to normal but with differences. This period means a pause in business but not pause in innovative thinking and planning.”
