Dancing,
I agree on the cash flow, but this time I think the debtors will be clean, difficult to get suppliers to pay early twice in 6 months.
They are forecasting $12 mill higher production payments in Sep qtr. So creditors have been dragged out. I would anticipate seeing AP around 4 times AR when the accounts come out. Normally a company is managing working capital well when AP exceeds AR, let alone multiples.
Lynas new history & prosperity, page-35
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.40 |
Change
0.000(0.00%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |