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you trust the board is telling the truth re timeframes! simply...

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129

06/04/23

13:50

Post #: 67171429
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Originally posted by 61289439: ↑

Only issue with this summation is what IOU stated above to the judge
"a large proportion of the trade receivables will not be received for upwards of six months.18 He also explains that about AUD$3 million of the trade receivables will take between three and six months to be collected from customers"

I agree about the 30% paid up front, but if they are saying the current receivables will take 3 to 6 months to recover that doesn't indicate to me that majority of people have already paid several instalments or the full amount in the past. If they are expecting that long to recover this money then it sounds like there are many with longer terms

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you trust the board is telling the truth re timeframes! simply making it look worse to allow a cr to build their votes for egm!

IOU Price at posting: 4.1¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 1.8¢		Change 0.000(0.00%)		Mkt cap ! $20.44M

Open	High	Low	Value	Volume
1.8¢	1.8¢	1.8¢	$1.225K	68.08K

Buyers (Bids)

No.	Vol.	Price($)
8	790999	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
1.9¢	123737	4

View Market Depth

No.	Vol.	Price($)
8	790999	0.017
5	333500	0.016
7	850901	0.015
1	1500000	0.014
1	200000	0.013

Price($)	Vol.	No.
0.019	123737	4
0.020	739101	6
0.021	588617	4
0.022	224260	7
0.023	264571	3

Last trade - 10.32am 14/06/2024 (20 minute delay)


Last 1.7¢			Change 0.000 ( 5.56 %)
Open	High		Low	Volume
1.7¢	1.8¢		1.7¢	41785
Last updated 11.09am 14/06/2024 ?

OVT (ASX) Chart