SFG 25.0% 0.2¢ seafarms group limited

2018 DEC quarter cashflow report, page-3

  1. 746 Posts.
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    For a reason I've never understood SFG isn't within the list of ASX listed companies that is required to provide a quarterly working capital report or update! I presume its related to the timing of when the former corporate shell (an exploration company) moved across to the industrial board (about 20 years ago).

    I presume the company has weighed up the benefits of not having to report quarterly under this unusual arrangement vs providing such regular formal updates, and opted for non-disclosure. I'm sure it provides them with considerable flexibility and saves money, but its frustrating as a concerned and supportive shareholder!
 
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