What about current payables?
Balance at 30/6/23 was $16.9M which increased to $26.5M at 31/12/23 and is in addition to Nucharee's & Nebari's loans - these will need to be paid.
It is all well & good to report receivables & inventories as "cash equivalents" but if you do not provide the corresponding current payables side it becomes a little disingenuous for my liking.
This report has done little to alleviate my concerns about KCN's short term cash position. I just hope the Plant 1 commissioning phase runs smoothly & quickly otherwise I fear another stroll along the capital raising path will be necessary.
What about current payables?Balance at 30/6/23 was $16.9M which...
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Last
$1.80 |
Change
-0.060(3.23%) |
Mkt cap ! $462.6M | |||
| Open | High | Low | Value | Volume |
| $1.87 | $1.88 | $1.80 | $2.687M | 1.468M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.86 | 32228 | 2 |
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| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$1.86 |
Change
-0.060 ( 0.04 %) |
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| Open | High | Low | Volume | ||
| $1.87 | $1.88 | $1.83 | 70507 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| KCN (ASX) Chart |