Do you think it is possible that there is a seasonally high cash balance on certain dates (which businesses with skewed earnings often do have) and they are shifting money to and from the loan on certain dates to make the cash balance at the end of each quarter look much better than it actually is?
I'm really not sure what you are implying. But it would definitely tie in with your comments re: audit processes.
- Forums
- ASX - By Stock
- SBB
- Ann: Revised Appendix 4C clarification
Ann: Revised Appendix 4C clarification, page-162
-
- There are more pages in this discussion • 100 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SBB (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online