"Maybe, just maybe they are using an accrual accounting system rather than a cash system..."
So, you mean to say that they haven't paid anyone for anything that was done, including the salary and wages of the employees nor any OPE either. Is that right.?? Is that the way that a Corporation (Publicly listed Company) works.?
Talk about Accounting lol. The point is, that if what you write is correct, (which is laughable and comical at best), the head of School/Faculty that taught me Accounting and Economics, mustn't have known what he was talking about. NOT!!!!!
GO FIGURE!!!
That is a very big ""Maybe" that you are alluding to mate. Extremely big. That's for sure.
CDU Price at posting:
$1.77 Sentiment: None Disclosure: Held