CRN 0.45% $1.11 coronado global resources inc.

As someone posted on Twitter, isn’t the issue that they burned...

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  1. 5,214 Posts.
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    As someone posted on Twitter, isn’t the issue that they burned approx. $68M in cash in this last quarter?

    a) Net cash position as at 30 September 22 was $386M

    b) In the December quarter they paid $226M in special dividends

    c) At quarter end 31 December 22 their net cash position was $92M, which means $68M disappeared (386 - 226 = 160; 160 - 92 = 68)
 
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