MSG mcs services limited

Ann: Half Year Report 4D information, page-13

  1. 708 Posts.
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    I read financial statements for a living but please enlighten me oh wise one. Is it the $1m cash outflow that was incorrect, the underlying loss this period (which followed a statutory loss in FY19) or the $1m cash in the accounts (half of the level of a year ago) that you think was wrong in the accounts.

    Note I'm excluding the $80k related party loan, $1.4m in provisions and $300k of lease liabilities but sure the board would be prudent to run out and buy back stock. Just one question then, why aren't they???


 
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