CKK 15.8% 1.6¢ coretrack limited

I wouldn't worry about cash flow too much!....Bear in mind that...

  1. 908 Posts.
    I wouldn't worry about cash flow too much!....Bear in mind that the AUTHORITIES are continually overseeing the financial "well-being" of ASX co's and ,if seeing a problem, will force the Board into some action....this happened back in 2010 when there was a mini-scramble for liquidity with the 1 fer 8 option bonus [which was a bit of a "dud" cap raising as it was not well taken up by current shareholders but I'm sure Cygnet were happy to "cream the deal"]....In a previous post I alluded to the "unconfirmed" rumour that the Woodside drill was worth $800K and the balance of that money may now be in the "coffers"....Over the years of tracking CKK, I always have felt comfortable with the way the financial management has been handled...they forward plan and seem to be very competent in this area.....CASH FLO...NO PROBLEMO...LEE
 
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