AKG 16.7% 17.5¢ academies australasia group limited

Maybe the market has focused on Revenue going backwards and not...

  1. 218 Posts.
    lightbulb Created with Sketch. 19
    Maybe the market has focused on Revenue going backwards and not focused on cash receipts increase of 1.5M or 4.3%. Furthermore if you wanted to look at Cash Flow from Operating Activities and add back in the Lease Costs ( which under new rules were taken out and put under Financing Activities) then you would have this period Cash Flow from Operating activities of 4.217M vs 2.732M or a 54% increase. Which would seem great to me ?
    I am not accounting genius so if anyone can educate me if I am getting something wrong that would be great, ie, am I missing something else ?
    The only other downside I see is that directors have vanished from buying shares where they were consistently active in the past. Of course this could be for many reasons however it would be more comforting to see them wading in as they did in the past. Especially as the price is well below where they were last buying.
 
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(20min delay)
Last
17.5¢
Change
0.025(16.7%)
Mkt cap ! $23.20M
Open High Low Value Volume
17.5¢ 17.5¢ 17.5¢ $17.5K 100K

Buyers (Bids)

No. Vol. Price($)
1 153597 17.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.5¢ 5127 1
View Market Depth
Last trade - 15.30pm 31/05/2024 (20 minute delay) ?
AKG (ASX) Chart
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