Just as the SP was heading to $0.90+ and everything was looking positive for the company, this pile of sh!t gets dumped on us.
God damn, how do you let a receivables balance balloon to $32mil in arrears.
However they have not stated whether the amount is in arrears. Just the potential for unrecoverability, so maybe the business has gone into administration to allow for restructuring.
They really need to name and shame this business and provide a further information.
Im really torn on whether to hold or sell. need more information.
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- Ann: Potential issue as to full recoverability of receivables
Just as the SP was heading to $0.90+ and everything was looking...
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Mkt cap ! $393.9M |
Open | High | Low | Value | Volume |
75.0¢ | 76.5¢ | 75.0¢ | $161.1K | 212.0K |
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---|---|---|
1 | 2165 | 75.5¢ |
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Price($) | Vol. | No. |
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1 | 20000 | 0.750 |
2 | 2032 | 0.740 |
1 | 10000 | 0.720 |
1 | 14000 | 0.710 |
Price($) | Vol. | No. |
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