DFM
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0.00% 83.0¢ dongfang modern agriculture holding group limited

Alarm Bells - DRP is Default, page-19

  1. alecfra
    5,191 Posts.
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    13/04/17
    04:10
    Post #: 24044607
    I posted earlier and will confirm at AGM
    "DFM may not be short of cash, the large creditors of nearly RMB 550mil (in excess of $100mil AUD), this is due to the Dec balance date and the normal trading terms to its small no of large trading customers...I assume a 45 day basis ...it ought to be collected by now."
    DFM Price at posting: 83.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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