Thanks for the lesson on trade receivables and payables... maybe you can explain how a supposedly cash flow positive business (more money going in than out), has negative trade balance (more money to be paid out within the next 30 days - by the end of july - than is to be received) after a supposedly cracker of a quarter as announced in the 4c ending 31st of June. TNT had a 5.3m positive cash flow in that quarter.
it's looking like an accounting trickery and I think smart money is not buying it based on SP going down from 28c at annoucment of last 4c to now at 21.5c.
- Forums
- ASX - By Stock
- TNT
- Ann: Annual Report to shareholders
Ann: Annual Report to shareholders, page-24
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TNT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online