MYS 0.57% $3.50 mystate limited

Hi JPGuruRegarding the negative cash flow, from operations, it...

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    Hi JPGuru

    Regarding the negative cash flow, from operations, it seems, IMO, that this is mainly due to an increase in Loans and Advances and an increase in Financial Instruments.

    I am not sure why the share price fell significantly in late trade- however I doubt that it was due to the Cash Flow Statement. The Chairman holds a large number of shares and purchased a significant number in the recent rights issue - he would have inside knowledge if the company had cash flow problems.

    Regards


    Old Fisherman


 
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