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Ann: Half Year Investor Presentation, page-2

  1. 2,320 Posts.
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    No information on the value of $14.8 million receivables at 30 June that were overdue. Presumably almost all of them, as receivables similar to 31 December amount of $17 million and revenue written in half year was only $1.2 million. So bulk of receivables must relate to last year's revenue and the Chinese trading terms are usually 60-150 days according to Note 10 of the annual Report.

    The usual full disclosure. The statements are still being reviewed by the auditors.

    I have asked for details of overdue receivables and whether work will be done on projects that have not paid. I will be interested to see if any answer is provided.
    Last edited by edshann: 26/08/20
 
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