When I look at cash in the balance sheet which is $97m a $71m increase on previous year. Which is explained by $41m operating ash flow, $23m difference in money raised (equity & debt) and investing purchases plus positive forex on cash of just over $7.1m.
Don't know where you get extra $25m from.
Why would SGH put payments to suppliers in operations when it was financing, especially when needing to show strong operating cash flows to the market?
If you are right...CFO needs kick up the backside.
SGH Price at posting:
$2.76 Sentiment: Buy Disclosure: Held
