yes, 52.25 years lol
Agree its pretty stupid and bad fro investors imo
In fact the entire cashflow statesment requirement is a croc for all these companies
they can be misleading with companies claiming revenue when its really a payment in advance, or look good by delaying payments, or relying on special creditor terms.
IMO These QTrly unauditied cashflow reports for a listed companies should include
a management unaudited profit and loss and balance sheet as well -
If they cant provide one then what are they doing listed, moreover how are they even managing these small companies.
It would be super easy and people would get a much greater truer picture of what is going on rather than the in part information investors are getting now.............investors are constantly caught with these reports imo, many just look at receipts from customers or cash balance............more companies would probably be listed and perhaps even supported if a fuller picture was given to investors rather than these cashflow statements and some commentary of waffle.....
yes, 52.25 years lol Agree its pretty stupid and bad fro...
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