It comes back in the form of cash receipts & then the money is...

  1. 5,712 Posts.
    lightbulb Created with Sketch. 1883
    It comes back in the form of cash receipts & then the money is returned to their clients.

    A bit ironic you calling someone else dangerous on these threads. You've been here 4 years, held the stock, bought high & sold low & you still don't understand the business model.

    Unbelievable.

    It's a rotating door. Cash will always be moving in & out of government coffers. $2M in & $500K comes back, that means the account receivable balance will increase by $1.5M over the quarter.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $11.30M
Open High Low Value Volume
0.7¢ 0.8¢ 0.7¢ $9.135K 1.295M

Buyers (Bids)

No. Vol. Price($)
14 6341067 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 1925007 5
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
W2V (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.