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re: Ann: Sale of Leichhardt Project for A$25m... Liquid asset...

  1. andracorr
    261 Posts.
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    11/05/12
    20:05
    Post #: 10165045
    re: Ann: Sale of Leichhardt Project for A$25m... Liquid asset position of $230 million shows that CFE are in a very strong financial position.
    Im not sure if CFE should be including the MCC $80 million
    as a receivable though as to my knowledge the courts have not made a decision regarding this matter yet.
    Tony Sage must be very confident in a favourable outcome to have this included..

    ASIC definately would not allow the MCC receivable to be included in a financial statement at this stage.
    CFE Price at posting: 49.0¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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