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Juniors asked to explain bank balances

QUARTERLY reporting season may be over, but the Australian Securities Exchange has issued a numbe...

Kristie Batten
Juniors asked to explain bank balances

Mount Magnet South was asked to explain its cash on hand of just $A61,000 at the end of the December quarter, despite forecasting cash outflows for the current quarter of $150,000. The Perth-based company...

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