Oando Plc, whose stock was among the best performers last year, has recorded a positive net operating cash flow only once (2023) in the last five financial years, with the latest figures for 2024 showing a recurring trend.  This is a cause of concern as it raises questions about the company’s ability to generate sustainable cash from its core operations and relianc
Oando Plc, whose stock was among the best performers last year, has recorded a positive net operating cash flow only once (2023) in the last five financial years, with the latest figures for 2024 showing a recurring trend.  This is a cause of concern as it raises questions about the company’s ability to generate sustainable cash from its core operations and relianc