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0.00% 2.3¢ wellnex life limited

Ann: Quarterly Activities Statement, page-21

  1. Emma1234
    622 Posts.
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    01/11/18
    10:51
    Post #: 36347939
    There is no way they can give out dividends for fy19 or fy20.
    Cash flow positive = cash inflow for a period exceed cash outflow for the same period.
    If they provide the funding for the jv then they will not be cash flow positive. Where do they get the money to give out dividends?
    WHA Price at posting: 92.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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