ACO
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0.00% $3.43 australian careers network limited

I would like to see some explanation around the quarterly...

  1. giosama
    61 Posts.
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    08/02/16
    14:41
    Post #: 16967608
    I would like to see some explanation around the quarterly cashflow report line; Payments for other working capital


    $45 million in quarter to end of Sept against customer receipts $89 million; dropping to $2.8 m against customer receipts of $4.2 m in Dec quarter.

    Could this largely be commissions paid for student acquisition? If correct, that would be a helluva cost for a new customer and probably unrecoverable?

    Any one have any clue?
    ACO Price at posting: $3.43 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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