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Sinking Ship, page-21

  1. 12,711 Posts.
    lightbulb Created with Sketch. 266
    Hello Kev,
    Just explain the cashflow from China exports.
    Is it back to China and then to Ausralia.
    I see on P31 of the Presentation,
    Payments from Chinese Subsidiaries to PET Australia,
    Circa $2m received by PET Australia from Chinese Subsidiaries.
    Raising $millions here to subsidise Chinese Government Provinces
    up to 150 days and they have to go through hoops to send
    $2m back.
    Just enoigh to run local head office.
    Am I off track.
    Cheers
 
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