$17.2m in net cash and yet the 4C only states $5.6m in cash?!? Where is the due diligence on the 4C?
As somehow ART believe that a 'term deposit' is not 'cash? Yeah maybe you can't access money that is held in a term deposit instantly.... but it's still cash! The entire purpose of the qtrly updates is to inform the market on 'cashflow'.
ART - Lift your game
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-6
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Last
28.0¢ |
Change
0.010(3.70%) |
Mkt cap ! $126.6M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 28.0¢ | 27.0¢ | $59.03K | 212.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14044 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 5834 | 2 |
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| Last trade - 15.53pm 04/07/2024 (20 minute delay) ? |
| ART (ASX) Chart |