AKK
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0.00% 0.3¢ austin exploration limited

Qtrly cashflow statement says; Net increase in cash for the Qtr...

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  1. djp
    64 Posts.
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    29/07/16
    12:04
    Post #: 18398036
    Qtrly cashflow statement says;
    Net increase in cash for the Qtr - $2,395,340
    cash at the start of the Qtr - $164,028
    exchange rate adjustments - loss $507,749
    cash at the end of the Qtr - $2,051,619

    So, currency moved 20% against us in less than 90 days!!??

    I didn't think the USD/AUD exchange rate fluctuated that much during the Qtr....wtf?

    Oil everywhere and we cant crack 3/4 of a cent!! go figure!
    AKK Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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