Cash conversion rate of this half is surprisingly low (48%), compared to the average of 180% of previous years.
I also noticed that their "contract liabilities", which is the main source of the operating cash inflows, have reduced by $8M on pcp.
Can anyone with more knowledge about OCL's business enlighten me on this matter?
Thanks a lot
Cash conversion rate of this half is surprisingly low (48%),...
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Last
$11.88 |
Change
-0.050(0.42%) |
Mkt cap ! $1.130B | |||
| Open | High | Low | Value | Volume |
| $12.00 | $12.28 | $11.78 | $405.5K | 33.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 85 | $11.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.08 | 400 | 1 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| OCL (ASX) Chart |