I'm not accusing the directors of anything.
I'm just reading the qtly report which states outgoings are greater then revenue.
Companies not listed on the stock exchange need to finance expansion through positive cash flow or borrowings supported by cash flow. CNN has negative cash flow thus must ask shareholders for support.
You are extrapolating future sales as being cash flow positive but as yet there is no indication the company is able to get to that point.
I'm merely pointing out that just because someone is selling something it doesn't necessarily mean they are doing so in a cash flow positive fashion.
- Forums
- ASX - By Stock
- CNN
- cr and doing the sums
cr and doing the sums, page-8
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)