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AVZ avz minerals limited

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78.0¢

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-29

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01/11/23

10:02

Post #: 70659646
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Originally posted by VictoriaCoast ↑

We all know that 1.6 quarter forecast is based on calculations using figures taken from the past quarter and, if they do what they say they will (their answer highlighted in blue), then there should be plenty more cash left to get AVZ through much longer than just 1.6 quarters. My guess is that they will do alright.

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How do you rationalise or justify the bonus cash grab by the BOD against a backdrop of supposed cost cutting ?

AVZ Price at posting: 78.0¢ Sentiment: None Disclosure: Not Held
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-29

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