Australia's largest stock trading and investment forum Australia's #1 stock forum

WHA

Click for more information

0.00%

48.7¢ wattle health australia limited

Ann: Quarterly Activities Statement, page-21

First 21 Last

Share
Profile

Follow
Emma1234

552 Posts.

30

01/11/18

10:51

Post #: 36347939
Share

Originally posted by kittymittens ↑

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
Remember that WHA is providing all the funding for CBDG so either way it's their cash (post capital raising). Also it's pretty bold to claim cashflow positivity by CY19 and given that it will have to be accounted for as a JV then cashflow from that will be via dividends only so if this turns out to be true this will be way ahead of other IF producers.

The cash receipts reflect past quarter's sales and they've given some data on recent sales so that should flow through next quarter.

Expand

There is no way they can give out dividends for fy19 or fy20.
Cash flow positive = cash inflow for a period exceed cash outflow for the same period.
If they provide the funding for the jv then they will not be cash flow positive. Where do they get the money to give out dividends?

WHA Price at posting: 92.5¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

ADD

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

Ice-cold winner: Cryopreserver Vitrafy escapes November's IPO struggles to end debut week higher

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

RSG

Resolute shares bounce back as second payment made to Mali government to secure workers' release

HotCopper Highlights: Your most watched stocks for Week 48, 2024

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 25 more messages in this thread...

First 21 Last

Add WHA (ASX) to my watchlist

SPONSORED BY