Page 54 of the Annual Report, under "Credit risk": Credit risk Exposure to credit risk relating to financial assets arises from the potential non-performance by counterparties of contract obligations that could lead to a financial loss to the company. Credit risk is reviewed regularly by the directors and key management personnel. It predominantly arises from exposures to customers. The company’s exposure to credit risk is limited due to debtor insurance which is held over its trade receivables. The insurance policy limits the exposure of the company to 10% of the individual customer’s balance plus the excess as specified in the policy after an aggregate first loss of $100,000. Receivables balances are monitored on an ongoing basis with the result that the company’s exposure to bad debts has not been significant.
Doesn't answer all those questions, but maximum exposure is 10% of amount owed + $100k.
DDR Price at posting:
$1.46 Sentiment: Buy Disclosure: Held
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