RGT 1.92% 26.5¢ argent biopharma limited

Ann: Appendix 4E and Audited 2016 Financial Report-MXC.AX, page-18

  1. 5,410 Posts.
    lightbulb Created with Sketch. 542
    When MGC fulfil their end of the contract (supply the product to thecustomer), they get to call it money in the bank. If anything goes wrong, the contract disappears and the deposit goes back, so there's no point accounting for it until it's finalised.
 
watchlist Created with Sketch. Add RGT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.