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06/01/16
13:28
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Originally posted by Grant62
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Once the Camperdown settlement has occurred, this would be considered significant. Beyond then, it would be the H16 results. Clearly, revenue will be up, and costs down, as for example feeding costs will have reduced due to one of the acquired farms being primarily in support of feed rather than direct production. In F15, feeding costs totalled $1.4M.
Note also that by end January (likely by January 28 or January 29), the quarterly report needs to come out. The SepQ report showed positive operating cashflow for the quarter of $662K on $1.504M in receipts for a 44% operating cashflow margin for the quarter. During DecQ, this would only have improved both as to headline amount and as to % rate. This likely will co-incide with settlement of Camperdown being announced.
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Thanks for the info. Much appreciated. Ill hold for a while longer and see how it pans out.