CKA 4.35% 11.0¢ cokal limited

Stockpile at Batu

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    lightbulb Created with Sketch. 322
    One thing I’ve been meaning to ask the regulars on here is how much stock you think is at Batu right now?

    I must say I’m very confused by the half yearly, which seems to imply inventory dropped by almost $3m on sales of $2.5 million?

    I assume they had booked the value of inventory at cost and sold at less than cost, but then why such a tiny figure at the end of December?

    Apologies in advance if I have missed something obvious.

    https://hotcopper.com.au/data/attachments/6044/6044699-a8a102d1199737e04b77eb086addaa9f.jpg
    Last edited by Glpg: 20/03/24
 
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