As you can tell from the first post on this thread, I was under the impression that there was a lot more usable cash than indicated in the half yearly!!
Question for the more financially literate.... does it have anything to do with what is current and what is non-current (payable/receivable)? Whilst they balance themselves out to some extent, there is almost $1M in receivables. Being so close to the wind may bring a cash flow problem.
Incidently, what would receivables in the APG context be? At the moment the company is buying stuff, not selling it. Is that related to the employee share issue loan?
APG Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
