Hi Elbows,
Yes, cash inflows of $10M per month - agreed.
Note that Accounts Payable at any financial period end (take any half-year or yearly report) is around $30M.
Note that Accounts Payable does not include salaries and wages (S&Ws) which are normally paid mid-month. Based on their FY14 annual report, monthly S&Ws expense averaged $3.6M in 2014.
Therefore you have: $60M + $10M - 3.6M - up to $30M in bills paid = $36.4M worse case scenario.
N.B. Amanda has stated that their average selling price has dropped 20% in the December quarter too.
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Last
$6.06 |
Change
0.140(2.36%) |
Mkt cap ! $5.664B |
Open | High | Low | Value | Volume |
$6.02 | $6.12 | $5.97 | $11.52M | 1.904M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 12791 | $6.04 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.07 | 13019 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 12791 | 6.040 |
3 | 33497 | 6.030 |
2 | 13952 | 6.020 |
2 | 19430 | 6.010 |
5 | 14538 | 6.000 |
Price($) | Vol. | No. |
---|---|---|
6.070 | 13019 | 2 |
6.090 | 12791 | 3 |
6.100 | 16721 | 2 |
6.110 | 12016 | 2 |
6.120 | 38284 | 9 |
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