A bit confusing with the report.
1. Core sold 10kt+ spod in the quarter but only received $3.25m from customers. Why? If any delayed payments, would've been better mentioned.
2. They mentioned "Additional QP payments of $8.3 million relating to Q2 and Q3 shipmentsare expected to be made in Q4 FY2024", does that mean there will be $8.3m to be repaid to customers for adjustment, or received for the delivery made in March quarter?
On paper, dropping of $44m cash looks very bad. But given what really happened in the back scene, probably not too bad. When Core is in C&M, the expenditure should be just a couple of millions per quarter.
A bit confusing with the report.1. Core sold 10kt+ spod in the...
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