Thanks for the info So the last 4q stated revenue (sales ) for the qtr ending 31 March were NZ $15.7m and cash receipts were NZ $10m (rounded up). So it would appear credit sales were in the order of NZ $5.7m . for the qtr. Looking at another way credit sales represent 30% of sales. These would be who, located where surely not all in the UK? If they were then unless hedging was in place exchange rate movements would impact actual NZ $ I would think we will see growth in receivables in the final qtr which may impact ability to pay dividends
ZNO Price at posting:
$2.23 Sentiment: Buy Disclosure: Held
