RFT 0.00% 0.7¢ rectifier technologies ltd

Ann: 5 Million USD in product orders received, page-63

  1. 7,604 Posts.
    lightbulb Created with Sketch. 241
    Hi @BRAGG
    I was wrong about this one....It is an accounting method to reflect the decrease in inventories .
    I still don't understand it ....It may have no relevance to future reporting periods.
    I'll have my previous post deleted, please ignore it.....It contained wrong assumptions.....Not deliberate.....I have very primitive accounting knowledge.
    Cheers/
 
watchlist Created with Sketch. Add RFT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.