BYE
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0.00% 5.4¢ byron energy limited

Ann: Quarterly Activities and Cashflow Report, page-2

  1. jophda
    4,793 Posts.
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    29/10/21
    14:52
    Post #: 57183242
    There appears to be an error in the 5 B wrt item 8.7 .

    "If the entity has reported positive relevant outgoings ( ie a cash inflow ) in 8.3 , answer 8.7 as N/A ".

    8.3 showed they had a cash inflow so 8.7 shoud have been N/A .

    The mistake resulted in them reporting cash would only last 2.4 quarters and I think that is what spooked the market this afternoon .
    They have clearly said that they will be funded by operational cash flow and do not intend to fund by new equity .

    Have I missed something ?
    BYE Price at posting: 14.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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