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0.00% 26.5¢ matrix composites & engineering limited

Yeah Cashflow is certainly not clear.Opening Receivables $32mAdd...

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  1. puddnhead
    35 Posts.
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    24/08/11
    14:42
    Post #: 8866540
    Yeah Cashflow is certainly not clear.

    Opening Receivables $32m
    Add Sales Revenue $187m
    Less Receipts from Customers $149m
    Gives $70m not the Closing Receivables of $34m

    Also Property Plant Equipment is $20m over what I get from the accounts - almost makes you think they booked some of the site as revenue.
    MCE Price at posting: $4.37 Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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