On initial looking it does look good, but looking at the comparison on balance sheet from 30 Sep 2017 and 31 March 2018 leads to a few questions. It is especially worrying given they haven't made any acquisitions. The key points are
- Total equity down from $157m to $143m
- Cash and cash equivalents down from $93m to $57m
- Trade and other receivables up from $53m to $65m which is a fair percentage on revenue
- Retained earnings down from $90m to $81m
I don't see any commentary on this change.
The increase in revenue would be due mainly to indexation. They index by CPI and above.
Ann: Half Year Accounts, page-2
-
- There are more pages in this discussion • 5 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 TNE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.60 |
Change
0.150(0.81%) |
Mkt cap ! $6.061B | |||
| Open | High | Low | Value | Volume |
| $18.45 | $18.70 | $18.43 | $19.53M | 1.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 750 | $18.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.60 | 3730 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| TNE (ASX) Chart |