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4.35% 4.8¢ alcidion group limited

Peak pessimism - complete overreaction, page-48

  1. Zissou
    1,636 Posts.
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    02/11/23
    11:52
    Post #: 70686621
    The logic is sound except we are missing the other side of the equation (payables) so don't have all the information to make the conclusion you are drawing. Payment of a large tax bill over the quarter called out by the company is an example of a decrease in payables which pretty much offsets the change in recievables that you highlight.
    ALC Price at posting: 6.9¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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