Anyone have any thoughts on bad debts here. Last quarter 22mil revenue and only 6mill in cash receipts. Dealing with Venezuela is brave, I would want gold up front in payment.
As a side note I watched a report on how the Carracus water infrastructure was failing with hospitals not having water and residents filling bottles from natural springs. I suspect a lot of the infrastructure in the third world is like this. Big market if they can pay.
The margins on FLC products arent huge so a couple of bad debtors will be a big drag on profitibility.
Anyone have any thoughts on bad debts here. Last quarter 22mil...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FLC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $108.0M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 10.0¢ | $1.744K | 17.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49428 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 117809 | 4 |
View Market Depth
| Last trade - 10.22am 16/08/2024 (20 minute delay) ? |
| FLC (ASX) Chart |