TAP tap oil limited
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Hi all,Wondering if someone can answer something that I observed...

  1. OzAlien
    392 Posts.
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    27/07/07
    21:47
    Post #: 2662288
    Hi all,

    Wondering if someone can answer something that I observed from todays qtrly release.

    Sales revenue for Mar 07 qtr was $17.8m
    Capital & Production expenditure Mar 07 - $18.3m
    Cash on hand reduced by $1.8m

    Sales revenue for Jun 07 qtr was $21.1m
    Capital & Production expenditure Mar 07 - $13.1m
    Cash on hand increased by $0.5m ($500k)

    I would have expected a large increase in cash from the Jun 07 qtr????

    Any ideas??

    TAP Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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