CLG 2.86% 17.0¢ close the loop ltd.

I'm not an accountant by any means but it looks to me like it...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 490 Posts.
    lightbulb Created with Sketch. 40
    I'm not an accountant by any means but it looks to me like it relates to the difference in timing between when a tax is accrued and when it is due to be paid. I'm thinking the larger cash flow expense would relate to deferred tax liabilities, such as are currently recognised on the balance sheet, but I'm not confident. DYOR
 
watchlist Created with Sketch. Add CLG (ASX) to my watchlist
(20min delay)
Last
17.0¢
Change
-0.005(2.86%)
Mkt cap ! $90.41M
Open High Low Value Volume
17.5¢ 17.5¢ 16.5¢ $138.5K 806.1K

Buyers (Bids)

No. Vol. Price($)
2 79999 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 17000 1
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
CLG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.