SIV Capital Limited (AU:SIV) has released an update.
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SIV Capital Limited has reported a positive cash flow of around $445,000 from operations and a one-off insurance settlement of $500,000 in the latest quarter, with a healthy cash reserve of $7.77 million. The company has resolved its insurance claim and is actively pursuing debt recoveries with legal support, focusing only on cases with a likelihood of positive financial outcomes. Additionally, SIV Capital is evaluating potential acquisition opportunities that align with their tax loss utilization and profit generation goals.
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