hang on guys, please read the quartly report carefully. The US $3.7 million will be added back to the cash balance upon maturity and that $3.7 million is not reflected in the cash position of $40.1 million.
Correct me if I am wrong..it bascially says the $3.7 million was taken out of the cash position now to increase forward contract position and then upon maturity, it will be added back to cash balance again.
So with reference to my last post,the total cash outflow has now been reduced from $17.9 to 14.2 million. Please be noted that the total cash outflow in Dec 2012 Quarter is $12.28 million. So it is not that bad considering the total output has been increased significantly compared with Dec 2012 Quarter.
Hope it make sense now. Don't be panic Guys.
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