"Interest received is low during the last quarter due to the fact that Corvette had $24.4 million in a 6 month term deposit which matured on 5 July 2010 (5 days after the 30 June 2010 period close). The funds were earning interest at 6.2% and hence Corvette received circa 600K on 5 July. I was unable to include this in our quarterly report as it was not yet a cash inflow to Corvette at 30 June."
now..that should clear things up hey. regards option1
CVX Price at posting:
6.9¢ Sentiment: Buy Disclosure: Held
