that does sound like the case, based on posters info in this forum.
basically, the more product they ship the higher their booked revenues for this period. The more back-orders they have outstanding at half-year end, the lower the half-year revenue will appear in the half year statements.
I wouldn’t be too worried about the effect on apparent revenues though; it’s prepaid sales are likely to be a small fraction of the total cash reciepts for the period, plus they’ll just be accounted for in the next half-year result.
ZNO Price at posting:
$1.49 Sentiment: None Disclosure: Not Held
