I don't think it is big issue in retail sector, it is a common practice to recognise revenue when you sell your products to retailers even without the guarantee to pay back from them unless they sell the products to customers. The risk is transferred to retailers and hence revenue should be recognised.
The underlying business is intact & they have already raised so good work there. Surely, there will be panic selling on reinstatement of securities and that's where big sharks will accumulate.
- Forums
- ASX - By Stock
- BWX
- Ann: Pause in Trading
Ann: Pause in Trading, page-32
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)