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70.5¢ integrated research limited

I think you are right. What comforts me is that their client...

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daicosisgod

12,233 Posts.

1297

04/05/24

08:07

Post #: 73661685
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Originally posted by saintex ↑

The only logical explanation I have found about this : prior to H1 24, IRI had a positive effect on its cash flow from debt factoring, as it enabled the company to get its receipts earlier.
Now that they have stopped debt factoring (in Dec 23), it means that they get their receipts later, so it has a negative effect on their cash flow for H1 24.
We should have a similar effect during H2, for the same reason.

But from FY 25, this effect should disappear.
If I am right about this, it will have a significant effect on their cash flow from FY 25.

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I think you are right.

What comforts me is that their client list is really bluechip and ultimately they will pay amd that is worth something in this day and age.

IRI Price at posting: 40.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 70.5¢		Change -0.015(2.08%)		Mkt cap ! $123.0M

Open	High	Low	Value	Volume
71.0¢	72.0¢	70.0¢	$65.96K	93.31K

Buyers (Bids)

No.	Vol.	Price($)
1	21271	70.5¢

Sellers (Offers)

Price($)	Vol.	No.
72.0¢	2000	1

View Market Depth

No.	Vol.	Price($)
1	21271	0.705
3	43003	0.700
1	9000	0.695
1	3000	0.690
2	12300	0.680

Price($)	Vol.	No.
0.720	2000	1
0.725	8875	2
0.750	141337	4
0.760	38672	6
0.780	33820	3

Last trade - 16.10pm 07/06/2024 (20 minute delay)


Last 71.5¢			Change -0.015 ( 0.32 %)
Open	High		Low	Volume
71.0¢	72.0¢		70.0¢	46895
Last updated 15.59pm 07/06/2024 ?

IRI (ASX) Chart