In reviewing this very disappointing AGM report I am surprised to read on slide 7; "Full-Year Performance Review: Statutory", that despite the consistent negative trend in the 22 FY figures, June 22 net cash has somehow improved to $12.3m from $5.5m as of June 21, and that's after repayment of $5.3m in loans.
In trying to figure out how this has come about I went back to the IRI FY22 Financial Reports and found on page 40; "Consolidated statement of cash flows", that cash and cash equivalents at 30 June 2022 were given as $12.329m and for 2021 $12.149m, a difference of only +$180k, and that $12.149m included -$6.447m in dividends paid out in FY2021.
I'm not sure how IRI can claim at their AGM presentation an improvement in net cash of $6.8m over FY2021 based on this, any finance/accounting gurus care to comment?
- Forums
- ASX - By Stock
- Ann: 2022 AGM Presentation
In reviewing this very disappointing AGM report I am surprised...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IRI (ASX) to my watchlist
|
|||||
Last
60.0¢ |
Change
-0.025(4.00%) |
Mkt cap ! $104.7M |
Open | High | Low | Value | Volume |
60.0¢ | 63.0¢ | 60.0¢ | $605.3K | 988.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 27000 | 59.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
61.0¢ | 5927 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 27000 | 0.595 |
2 | 60000 | 0.590 |
1 | 35000 | 0.585 |
2 | 39165 | 0.580 |
2 | 11739 | 0.575 |
Price($) | Vol. | No. |
---|---|---|
0.610 | 5000 | 1 |
0.630 | 6000 | 1 |
0.645 | 11550 | 3 |
0.650 | 365092 | 2 |
0.660 | 2660 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
IRI (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online