MRX 0.00% 0.7¢ matrix metals limited

repayments

  1. 18 Posts.
    These repayments still bother me.

    If I have a company that sells toilet paper and somebody else give me 100 bugs per role. I then go and send out my quarterly statement to my investors showing a nice little profit. But afterwards that somebody comes back and want 99 bugs per role back because the price was obviously not quite right. Fair enough ... I obviously have to pay back the difference ..... if I can. If I can't I go bust.
    That quarterly statement that I issued is actually correct because I had received the 100 bugs per role, knowing though that I will eventually have to pay something back though, but I don't need to tell that to my investors.

    Isn't that what MRX just did?

    Maybe I just live a bit behind the moon and I am obviously a bit naive but if this 'accounting b..llsh..t' is legal, then is there somebody out there who'd fancy setting up a toilet paper business. But don't tell anybody ... we are going to make that 1000 bugs per role .. that will get the share price up.

 
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