He/She mistakenly adds the DRP to the dividends paid(which already includes the DRP)
For example Page 26 Cumulative shortfall of net operating Cashflow
He she claims
ARG 2011
Net Operating Cash flow 178.1
Dividends Including DRP 189.1
Now Argo 2011 Final report
Cash flow statement page 12
Net Operating Cash Flow 178.1
Dividends paid net of reinvestment 127.
Contributed equity item 14 page 18
DRP 31.
So 31 plus 127 = 158 NOT 189.1
He or she has added the DRP twice mistakenly to get 189 and perhaps should of consulted an Accountant beforehand. I can see how someone who does not understand accounting could of made this error when looking at the changes of equity statement.
- Forums
- ASX - By Stock
- controversy rages
He/She mistakenly adds the DRP to the dividends paid(which...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$8.79 |
Change
0.090(1.03%) |
Mkt cap ! $6.815B |
Open | High | Low | Value | Volume |
$8.74 | $8.83 | $8.72 | $1.855M | 211.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 8374 | $8.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.79 | 835 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 432 | 7.630 |
4 | 6421 | 7.620 |
10 | 28630 | 7.610 |
55 | 111350 | 7.600 |
5 | 2007 | 7.590 |
Price($) | Vol. | No. |
---|---|---|
7.650 | 16007 | 6 |
7.660 | 2220 | 4 |
7.670 | 3205 | 2 |
7.680 | 37046 | 4 |
7.690 | 2000 | 1 |
Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
Featured News
ARG (ASX) Chart |