It means the service or product has been provided and invoiced so it’s classed as income on accruals basis accounting but cash hasn’t been received yet. Very normal when dealing with big customers.
It’s a great report and I believe this will set the wheels in motion to make investors and funds start taking QHL seriously again.
Ann: Quickstep June 2018 Quarterly Report & Appendix 4C, page-17
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Last
24.3¢ |
Change
-0.028(10.2%) |
Mkt cap ! $17.39M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.0¢ | 23.0¢ | $82.73K | 341.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2891 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 5000 | 1 |
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| Last trade - 15.36pm 11/07/2024 (20 minute delay) ? |
| QHL (ASX) Chart |