Another horrible quarterly from this company
Cash receipts have halved over the past two years.
They received $21.4m in the December quarter 2014 ... down to $10.3m this quarter. By the way. they saw $23.5m come in the 2013 quarter. So this company is continuallly seeing falling cash receipts. Year over year.
There are better and more logcial explanations than a 'slowdown' in the Chinese economy.
Ann: Appendix 4C - quarterly, page-3
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