CPR clivpee limited
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If they never knew they had it, where do you think it was on the...

  1. morley
    1,543 Posts.
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    25/08/09
    18:15
    Post #: 5553729
    If they never knew they had it, where do you think it was on the books?

    It comes on as a receivable but is netted off by a payroll accrual charge. So there is no new money appearing - in fact they are losing $4.8m off the books as a result.

    It is harder to see where they actually assumed the cash was...
    CPR Price at posting: 26.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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