I looked at Huon's operating cash flow released in a market update yesterday
23.97 c per share for 1H 2017
-1.09 per share for 2H 2016
I then multiplied Huon's 87.3 million shares by 23.97 c and got 20.92 million operating cash flow positive then subtracted Ridley's 17 million that Huon should have paid Then Huon's operating cash flow should only have been 3.92 million $
In one action Huon's operating cash flow goes from pathetic to respectable.
Is this creative accounting?
I thing Huon will stretch it out until the full year accounts and then just pay Ridley the 17m bill. They are just buying time.
Operating Cash Flow per share c 23.97 (1.03) 19.72 22%
I looked at Huon's operating cash flow released in a market...
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RIC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.80 |
Change
0.030(1.08%) |
Mkt cap ! $795.8M | |||
| Open | High | Low | Value | Volume |
| $2.79 | $2.84 | $2.78 | $959.4K | 341.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $2.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.81 | 1932 | 2 |
View Market Depth
| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| RIC (ASX) Chart |
