A2M 0.29% $6.87 the a2 milk company limited

Management Issues, page-116

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    lightbulb Created with Sketch. 139
    the acquisition cost will be booked in FY 21 results.

    I suspect the cash balance will be something like this

    $775 million at 31 dec 2020.
    less $270 million purchase
    plus $140 million net profit est
    plus $100 million reduction in inventory and normalised payables.

    We should finish 30 June 2021 with cash of approx $740 million and we own a new milk formula factory.

    Overall, not a material difference in cash position.



    Last edited by jossette: 20/03/21
 
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