Ok, let me try this one more time.
Stewie hasn't collated the figures.
Stewie owns Acme Co.
Acme has an asset valued at $1000,000
Acme has no creditors or debtors.
Acme has $10 in the bank.
Acme places an order to purchase $500,000 of stock.
Are Acme in trouble with cash flow? Yep. You bet they are.
Are Acme trading insolvent? No, they are NOT.
Fwiw, Auz has assets over $40 million.
So just quit the insolvency rubbish.
Find a new descriptor. I'm guessing you'll struggle.
Ann: Change of Director's Interest Notice x 3, page-84
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.18M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $56.69K | 6.823M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 4236265 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 3788414 | 13 |
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| AUZ (ASX) Chart |