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Thanks. Thinking of doing the same too.

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Emma1234

552 Posts.

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01/11/18

08:06

Post #: 36344087
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Originally posted by Cosmoterios ↑

Originally posted by Emma1234
They said in the quarterly that they consolidated the accounts during the quarter. There was no consolidation done during the fy18. I think item 4.1 should be whatever figure that is at 30 June. However, if you look at item 4.1, it is not. Thus I m thinking the difference must be from Corio Bay account. But I m not sure if my guess is correct, thus I ask if an accountant can confirm this.
View attachment 1350337
Emma,

WHA did a Capital raising recently, which means at the moment - it is cashflow positive. Refer to the previous quarterly (June 2018).

My concern is about its cash receipts from customers - it is really low when compared to peers.

And its been like this, for the last 12 months since I got out (Yes, I have been watching to see whether its time to get back in).

Based on today's results, I will continue to watch on the sideline.

Good luck to holders.

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Thanks. Thinking of doing the same too.

WHA Price at posting: 91.5¢ Sentiment: None Disclosure: Held
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