That's a fair point. I had missed that. But consider that TF generally is a form of working capital management that extends payment terms by up to 180 days. NWC in 2019 (excluding the TF) was $17m (13.7+8.7-5.4) compared to $7.9m in 2020 (4.9+7-4). That means $8m has been sucked out of NWC in 2020 - $4.7m paid out the TF, where has the balance of $3.3m gone? I still maintain the company will need working cap once its order pipeline begins to grow. Where will that come from?
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That's a fair point. I had missed that. But consider that TF...
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Last
34.5¢ |
Change
0.010(2.99%) |
Mkt cap ! $75.74M |
Open | High | Low | Value | Volume |
34.0¢ | 35.0¢ | 34.0¢ | $29.84K | 87.26K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 30123 | 34.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.0¢ | 66000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 30123 | 0.340 |
1 | 2985 | 0.335 |
3 | 44345 | 0.330 |
1 | 54000 | 0.325 |
2 | 59328 | 0.320 |
Price($) | Vol. | No. |
---|---|---|
0.350 | 66000 | 2 |
0.360 | 1115 | 2 |
0.365 | 64307 | 1 |
0.370 | 56000 | 1 |
0.375 | 100000 | 1 |
Last trade - 11.55am 12/07/2024 (20 minute delay) ? |
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