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13.0¢ tesserent limited

Ann: Annual Report to shareholders, page-26

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UncleFesta

1,575 Posts.

547

29/09/21

19:11

Post #: 56443881
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Originally posted by Petrj: ↑

Thanks for the lesson on trade receivables and payables... maybe you can explain how a supposedly cash flow positive business (more money going in than out), has negative trade balance (more money to be paid out within the next 30 days - by the end of july - than is to be received) after a supposedly cracker of a quarter as announced in the 4c ending 31st of June. TNT had a 5.3m positive cash flow in that quarter.

it's looking like an accounting trickery and I think smart money is not buying it based on SP going down from 28c at annoucment of last 4c to now at 21.5c.

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Try studying cash management 101..

TNT Price at posting: 21.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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