Oct. 21 at 7:56 PM
$SDOT @secretcasino playing devil's advocate here. What is the business prospects for carbon credits in Indonesia? According to the last earnings call, the company "assigned"
$13.4M in accounts receivable for a stake in the SDG. Did they do this because this AR was at risk of non-payment? Why would they do this if they are strapped for cash? This has nothing to do with their food supply business. I googled about the carbon credit market in Indonesia and read that the government just reopened the market to foreign investment but the trading has been thin. Did we just lose
$13.4M in book value?