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2.13% 4.8¢ norwood systems limited

"There is also no 100% guarantee that a PO will end up as cash...

  1. Jalana
    535 Posts.
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    01/08/19
    10:14
    Post #: 39804908
    "There is also no 100% guarantee that a PO will end up as cash in the bank"

    This is quite ridiculous imo.... Banks lend against receivables, tax is paid against receivables,..... it is therefore considered by both the Tax department and Banks as indeed .....MONEY IN THE BANK!
    NOR Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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