RGT 7.58% 30.5¢ argent biopharma limited

It has been nearly 10 months but still no payment, common sense...

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    It has been nearly 10 months but still no payment, common sense can tell it is very likely (like >90% chance) the deal has been defaulted.

    According to my vague memory (from Uni), in accounting practice, if a payment is not received in 120 days, it will be deemed as a bad debt and will be written off as an "expense". Now, it has been way more than 120 days.

    AIMO DYOR
    Last edited by Sparkz918: 26/09/18
 
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