WSI 0.00% 13.0¢ weststar industrial limited

Bahn free cash is not that good.In the Annual Report cash and...

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    Bahn free cash is not that good.

    In the Annual Report cash and receivables are $38 million, but trade and tax payables are $42 million. Not so flash.

    The hope has to be the jump in contract assets to $23 million in the AR which is work done, but not paid. As long as this does not have any bad debts the cash flow this half should be good.

    I hope for a good half yearly report, but the communication from the Board is hopeless as I said above after the annual meeting.
    Last edited by edshann: 27/02/24
 
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