WSA
Click for more information
0.00% $3.86 western areas limited

I also love how management have clearly postponed payments to...

  1. Valin
    6,072 Posts.
    clock Created with Sketch.
    05/04/16
    14:14
    Post #: 17426232
    I also love how management have clearly postponed payments to suppliers for the Dec 2015 half. Had they made say $15m of payments against the $45m they owed so that they owed similar amount to previous period they would've been cashflow negative.
    Some beautiful creative accounting or shall I say deferral of payments to make the cashflow look better than it really was.

    upload_2016-4-5_14-13-14.png
    WSA Price at posting: $2.01 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

IMD IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent
right-arrow Created with Sketch.
AWJ Jeffrey's Find delivered $6.3M in gold sales for August, says Auric
right-arrow Created with Sketch.
MOV MOVE Logistics picks new interim CEO to take over operations from early September
right-arrow Created with Sketch.
G88 Golden Mile ditches Marble Bar and Murchison tenements after weak fieldwork results
right-arrow Created with Sketch.
NEWS Appliances and furnishings impress - will Harvey Norman be next?
right-arrow Created with Sketch.
WNX Wellnex sees first special access scheme prescriptions for new Wellness Life brand
right-arrow Created with Sketch.
watchlist Created with Sketch. Add WSA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.