Income-to-cost comparisons are meaningful Lev when both parameters relate to the one business. Cellmid has significant cash receipts deriving from its Advangen business division but costs as reported are being generated from all three divisions. A meaningful fundamental analysis of cash flows from quarterly 4C reports would require cash outflows to be sectioned and assigned separately to each business division.
CDY Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
