CIM 0.00% $22.00 cimic group limited

Ann: CIMICS CPB CONTRACTORS WINS $323M WESTERN SYDNEY AIRPORT PR, page-33

  1. 15 Posts.
    lightbulb Created with Sketch. 1
    Given that the practice of reverse factoring has been going on so widely for a while, and as the article by WolfStreet points out -

    "Reverse factoring has been in practice for decades but has hugely expanded in recent years, although no one really knows by how much due to the lack of disclosure by the firms that use it."

    -
    Do you guys think that perhaps the worry over the reverse factoring is overstated? They are not the only firm doing this by the look of it.
 
watchlist Created with Sketch. Add CIM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.