That's a fair point. I had missed that. But consider that TF generally is a form of working capital management that extends payment terms by up to 180 days. NWC in 2019 (excluding the TF) was $17m (13.7+8.7-5.4) compared to $7.9m in 2020 (4.9+7-4). That means $8m has been sucked out of NWC in 2020 - $4.7m paid out the TF, where has the balance of $3.3m gone? I still maintain the company will need working cap once its order pipeline begins to grow. Where will that come from?
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Last
33.0¢ |
Change
-0.015(4.35%) |
Mkt cap ! $72.45M |
Open | High | Low | Value | Volume |
34.5¢ | 35.5¢ | 33.0¢ | $22.66K | 67.79K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 101480 | 32.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 15797 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 101480 | 0.325 |
1 | 1600 | 0.320 |
1 | 20000 | 0.305 |
2 | 3500 | 0.300 |
1 | 10000 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 15797 | 1 |
0.350 | 8469 | 2 |
0.360 | 48316 | 2 |
0.365 | 51006 | 2 |
0.370 | 56000 | 1 |
Last trade - 13.58pm 09/08/2024 (20 minute delay) ? |
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