re: snn - what the.... Revenue is down by approx $2 million from last quarter and "other working capital" is on the rise at $7.5 million this quarter.
All I can suggest is they paid too much for the mobile phone business, and the overheads are eating up their profits.
They still have $6.7 million in the bank, but they need to reduce their consumption of working capital or they will not be able to maintain their Div payments.
Tex.
- Forums
- ASX - By Stock
- buyback - imapct?
SNN
sonnet corporation limited
re: snn - what the.... Revenue is down by approx $2 million from...
-
- There are more pages in this discussion • 7 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 SNN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online