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SIV Capital Limited (ASX:SIV)
ALERT: Price-sensitive ASX Announcement for SIV
Current share price for SIV : $0.150 -0.005 (-3.23%)+
Announcement
Release
30 Oct 2024 8:44AM
Price at Release
$0.155
Full Release
Summary
SIV Capital Limited has reported its quarterly cash flow results for the quarter ending on 30 September 2024, highlighting a net cash inflow from operating activities of $432,000, which includes a one-off insurance claim settlement of $500,000. The report also details cash on hand amounting to $7.76 million and mentions that the company is evaluating acquisition prospects aligned with the utilization of tax losses. Notably, the company redeemed a convertible note investment in AMAG Holdings Australia Pty Ltd, receiving proceeds of $424,900.70.
Key Points
- Net cash inflow from operating activities was $432,000.
- Included a one-off insurance claim settlement of $500,000.
- Cash on hand at the end of the quarter totaled $7.76 million.
- Redeemed a convertible note investment in AMAG Holdings Australia Pty Ltd.
- Continues to evaluate acquisition prospects to utilize tax losses.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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