So am I correct in saying dargie that if we look at the actual cash situation (money in the bank)
Previously PPP had $31 million cash
Now it has increased to $ 45 Million
So an increase in cash of $ 14 million which is more that the "accounting profit" of $ 9 million.
Now I know that that is not a precise measure either because it depends what they have done with some of the other "cash" : e.g. paid some bills.
i will try to explain the accounting for you, page-3
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