TRY 0.00% 3.0¢ troy resources limited

From the FY18 annual report: trade payables as at 30 Jun 18 =...

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    From the FY18 annual report: trade payables as at 30 Jun 18 = $27,889,000; as at 30 Jun 17 = $29,665,000.


    They've got that figure headed in the right direction but clearly they remain in arrears with a good portion of those payables. The company has said in a recent announcement that they have it as a priority to get that item better under control. All in all I think Troy management has done a brilliant job in the last 12 months to turn around what was looking like a train wreck but the fact is they still have some ways to go. (sorry, in a bit of a rush so I have not double checked those figures).

 
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Currently unlisted public company.

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