Efed, thanks for your response. I think the amount of the receivables has also been reduced by bringing in debtors from 120 days to normal trading terms of 30 days. This would have had the effect of reducing the securitised debt.
Orbis seem to think that there is an excess of receivables of over $350 million.
Hopefully, it becomes clearer on the 28th March.
- Forums
- ASX - By Stock
- SIP
- $15.5m bought and sold today so far
$15.5m bought and sold today so far, page-13
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SIP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online