AVX 0.00% 2.5¢ avexa limited

Ann: 2014/2015 Half Year Financial Report, page-25

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 193 Posts.
    I am not sure if once first sales occur we immediately get cash. I am sure the structure of the Mine is such that they will pay a quarterly or semi annual dividend. You receive your Revenue, pay your Expenses and then pay a dividend to Investors at the end of the period if there is anything left. Just like any other company.

    I may be wrong, but I get the feeling that people are expecting payment for the coal and then cash straight into our Bank account. I am pretty sure it doesn't work like that.

    IMO
 
watchlist Created with Sketch. Add AVX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.