BIG burrendong minerals limited - withdrawn

This is what you call great analysis, page-151

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 733 Posts.
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    Yep makes sense. If you read back through my original analysis I did suggest they should be providing some sort of cancellation/refund provision against the deferred revenue. However, BIG have also stated that the cancellation rate to date has been zero, so I think they are using that as a reason not to provide any provison.

    Hard to really know though, I've given up trying to second guess too much and just waiting for outcome of ASX investigation.
 
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Currently unlisted public company.

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