BIG 0.00% $2.22 big un limited

Of course, this post was ridiculed:...

  1. OzJ
    1,818 Posts.
    lightbulb Created with Sketch. 425
    Of course, this post was ridiculed:

    https://hotcopper.com.au/posts/32309824/single

    I'm suggesting a cash crunch somewhere between mid-May and mid-June when the FCC front loaded money has run out and FCC either want regular payments from customers or their cash back from BIG with the 24% penalty. Given that the new lawyers and the new accountants would both probably want money is trust for their services, I expect the BIG cash crunch will come sooner rather than later. May is my guess (give the new accountants were announced mid-March and I think that's when the accounting procedures would have changed).

    The response by the resident accountant at the time?

    https://hotcopper.com.au/posts/32312590/single

    My guess is you really have no idea about any 'cash crunch' until you see the revised accounts and also the the Q3 4c.

    Until then you are just p$$ing in the wind.



    DYOR. Trust no one. And when someone posts something you don't like it's not always with evil intent. Sometimes it is for the purpose of shining some light in a dark place.

    Good luck all.
 
watchlist Created with Sketch. Add BIG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.