CF1
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So can anyone answer me this. Why, on the second last trading...

  1. Torpy
    1,582 Posts.
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    28/07/17
    18:08
    Post #: 26149170
    So can anyone answer me this.

    Why, on the second last trading day of the month, would a company issue a "business update" when a 4c is due imminently? Why does this update talk about revenue and revenue growth? Revenue is a notoriously rubbery figure that can be subjective (how is it recognised? Look at SGH for issues with WIP). Cash on the other hand, as due in the 4c, is objective and incontrovertible. Interesting they are having a webcast on Monday midsession. And presumably, the 4c after close of trade. Join the dots. This will be fascinating to watch.
    IAM Price at posting: 3.7¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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