Dancing,
I agree on the cash flow, but this time I think the debtors will be clean, difficult to get suppliers to pay early twice in 6 months.
They are forecasting $12 mill higher production payments in Sep qtr. So creditors have been dragged out. I would anticipate seeing AP around 4 times AR when the accounts come out. Normally a company is managing working capital well when AP exceeds AR, let alone multiples.
Dancing, I agree on the cash flow, but this time I think the...
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Last
$6.92 |
Change
-0.020(0.29%) |
Mkt cap ! $6.468B | |||
| Open | High | Low | Value | Volume |
| $6.95 | $6.97 | $6.87 | $16.72M | 2.418M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5820 | $6.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.93 | 15020 | 3 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |