BIG 0.00% $2.22 burrendong minerals limited

Where to from here, page-88

  1. 24,271 Posts.
    lightbulb Created with Sketch. 2132
    So when does BIG recognise their cash revenues? When the customer is "on boarded" (35pc of funds extended to BIG from FCC) ? But the customer has yet to accept the video?
    Hence the term revenues was never used in each quarterly, cash revenues equates to cash receipts , realised revenues can only be recognised once the service is completed and here the customer may not even accept the video.
    When I reviewed this, I had concerns about how real their revenues were; when the growth is too good to be true, it is doubtful it can be true.
 
watchlist Created with Sketch. Add BIG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.