We call that "riding the trade" ie, non-interest bearing debt arising from a trade transaction until paid. The issue remains though that if/when it is paid, it will have its' impact on cash flow (and reporting of same) as well as the P&L.
I found it funny that somebody else noted that Huon is carrying it in their B/S as a current loan liability rather than an account payable. Almost an admission that it is a laibility rather than a contingent liability subject to legal resolution. Cheers
Oh, I agree with you and others that it will be paid before it hits the courts in full swing.
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We call that "riding the trade" ie, non-interest bearing debt...
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Last
$2.76 |
Change
0.040(1.47%) |
Mkt cap ! $795.8M |
Open | High | Low | Value | Volume |
$2.68 | $2.77 | $2.68 | $1.033M | 375.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1808 | $2.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.77 | 564 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6023 | 1.350 |
2 | 5280 | 1.345 |
1 | 8000 | 1.330 |
1 | 10000 | 1.320 |
3 | 14648 | 1.310 |
Price($) | Vol. | No. |
---|---|---|
1.380 | 1279 | 1 |
1.385 | 30413 | 2 |
1.390 | 28500 | 2 |
1.395 | 1268 | 1 |
1.400 | 29846 | 5 |
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