G’day Master again.
When I saw the cash conversion number I went on a hunt but could only find one small anomaly but it could be explained by the Lotus acquisition which is more a wholesale operation. Payables as a % of TTV has increased by about 24 basis points in FY’19 versus FY’18 and amounts to about $15m. But as I said it could well likely relate to Lotus and in any event CTD is virtually debt free so in my opinion it is at best a minor issue.
It is obviously in VGI’s interest to find any tiny issue and amplify it to the world. However there is a lot to like in this result and nothing really to dislike.
I have in fact topped up this afternoon.
Cheers......Daicosisgod
G’day Master again. When I saw the cash conversion number I went...
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Last
$12.69 |
Change
0.220(1.76%) |
Mkt cap ! $1.856B | |||
| Open | High | Low | Value | Volume |
| $12.62 | $12.76 | $12.59 | $6.918M | 545.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 628 | $12.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.71 | 3001 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| CTD (ASX) Chart |