NUH 0.00% 8.1¢ nuheara limited

I am not suggesting the company has done anything wrong, I am...

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  1. 49 Posts.
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    I am not suggesting the company has done anything wrong, I am just pointing out to people here the difference between revenue recognition and receipts and that the 4c is simply a cash flow statement showing ins and outs for the month. If any company elected to not disclose the receipts from any product, their closing cash balance would not be correct and while not an expert on listing rules I would assume that this is a breach of some listing rules.

    Once again - I am sure Nuheara have done it right, i am just trying to educate those here who think that management can selectively choose to omit Boost receipts from a quarterly 4c as the dispatch did not occur until April. That is quite frankly - nonsense.
 
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