You do realise the next quarterly could also show negative net cash flows (so four in a row) and yet the annual report to be released a month later could still show an impressive underlying profit?
The quarterly reports are at best almost useless as an indicator of financial performance and at worst highly misleading. The June quarter 2019 4C where everyone thought the strong net cash receipts meant a bonanza profit is proof of this and many investors here need to learn the lesson IMO.
You do realise the next quarterly could also show negative net...
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| WSI (ASX) Chart |