CGB 0.00% 2.1¢ cann global limited

Ann: Company Update, page-109

  1. 2,137 Posts.
    lightbulb Created with Sketch. 593
    Ah, that little nugget of a 'Quarterly'...
    Shows how they fudge numbers and dates that weren't even picked up on by the ASX review folk.

    If one looks at the full report properly, it begins correctly showing it's the December report - SIX months.
    Subsequent to that, it states NINE months.

    Then at section 4.3 -
    It states 'Net cash from investing activities'
    'Current Quarter' $61,000, Yet, for the 'Year to date' (which should read 6 mths) there is the lesser figure of $55,000 !
    How does that work ?
    Well, it works because for the previous quarter they declared a negative amount of $6,000.

    So they went from a -$6k in the 1st 3mths to a +$61k in the next 3mths.

    Then the final quarter of 2021/2022 (June 2022) - the very same section (4.3 - but also 4.4) has figures all over the place as well.

    It might well be all above board but to one without any real accountancy accumen such as myself, it doesn't look quite right and with it being a nice lazy Saturday morning with the sun appearing, I can't really be assed trying to decipher it.

    Happy weekend all
    AE


 
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