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Derivatives are for the hedging mechanism for market futures. A...

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leasx

1,214 Posts.

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01/03/17

14:13

Post #: 23011547
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Originally posted by YStrategy ↑

Markets are fairly soft at the moment.The net result was really a break even because of the write down of derivatives hedge accounting which gives a result of -$82k.Not sure what the derivatives is?The operating cashflow was $1.5 million however trade payables was up by $2 million and trade receivables was up $1 million(net payables/receivables $1million).If the company is performing well the overall picture will show up in the movement of net assets and this figure takes into consideration all of the balance sheet items.That figure was up by $1 million which was how much they raised $1 million so that ties in with the the break even including derivatives.One positive is they got rid of the $1.7 million borrowings.

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Derivatives are for the hedging mechanism for market futures. A much needed aspect.

TPC Price at posting: $1.35 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $9.97		Change 0.000(0.00%)		Mkt cap ! $114.4M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	74	$10.05

Sellers (Offers)

Price($)	Vol.	No.
$10.10	500	1

View Market Depth

No.	Vol.	Price($)
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.800	10000	1
0.880	2390	1
0.890	22000	2
0.900	1470	1
0.950	3000	1

Last trade - 16.12pm 27/09/2024 (20 minute delay)

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