Thanks Fellowes111. Indeed you are correct.
The ASX requires certain types of entities to report quarterly. For many years mining exploration companies have been required to lodge quarterly cash flow and activities reports. Since 2000, the ASX extended quarterly cash flow reporting to companies classified as commitments test entities (CTEs) in order to address governance issues associated with these higher-risk entities. Previously, such entities were generally prohibited from ASX listing.
questions for esi, page-33
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