I'm banned from writing on the same threads as Pinto so have to do it this way. Such is the price of love
Anyway my reading of it
Different terminology is used across different reports which makes it hard to track
Near term commitments could mean anything and so I have worked on the basis that if you were doing a sales prediction in means your pretty certain but not 100%. Could be wrong on that though
A purchase order can mean as little as - the order has come in and you are to start the work but there is neither revenue or raw materials costs yet incurred. In other words work hasn't started
It may also mean you have started the work and depending on how the contract is worded you may have booked costs and have revenue due but not yet invoiced or you have invoiced but not yet received the money
There are plenty of accountants on the job here so they might do a better job than me on the explanation but I thought the different language meant comparisons are difficult to make. But that makes sense to me as well because I think Nick is rightly trying to convey an impression of the progress that has been made. That's different from the legal requirements of annual reporting
- Forums
- ASX - By Stock
- AJX
- Annual report extra comments
Annual report extra comments
-
- There are more pages in this discussion • 33 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 AJX (ASX) to my watchlist
|
|||||
Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $15.62M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $350 | 35K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 131370 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 58736 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 131370 | 0.010 |
2 | 700000 | 0.009 |
3 | 516044 | 0.008 |
1 | 200000 | 0.007 |
3 | 628000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 58736 | 1 |
0.013 | 240000 | 1 |
0.014 | 564269 | 2 |
0.015 | 1200 | 1 |
0.017 | 15000 | 1 |
Last trade - 15.59pm 09/08/2024 (20 minute delay) ? |
Featured News
AJX (ASX) Chart |