vcr999 you are naive thinking ASIC are interested in an ASX Company's cash balance.
As part of the quarterly cashflow reporting the ASXchecks whetherthe Company's cash on hand is enough to cover the expected cash outflows for the nextquarter. I have never heard of ASIC being involved in this!
You are welcome to direct me (and others to that legislation / rule you are referring to of course.
Ann: Financing Arrangements - Mt Carbine Quarry & Mining Leases, page-178
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