CXM 2.56% 3.8¢ centrex limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-19

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  1. 850 Posts.
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    Are you delusional or something?? Why would a creditor extend a line of credit if the alternative was to wind up the company? Isn't it illogical? Export finance is usually secured on receivables.

    Where do you even get your winding up ideas??

    I am starting to think that you being paid to throw garbage on this forum to keep the share price depressed.

    By the way the difference in revenue vs per tonne price could well be due to incoterms i.e. CIF vs FOB, CIF meaning that they would pay for cost of freight and insurance to destination as a way to get the ball rolling with sales. I can't remember if they covered it in any announcement but would be a good question at AGM.
    Last edited by Happ: 31/10/23
 
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