Ann: September 2016 Quarterly Report and Appendix 4C-YOW.AX, page-21

CEM = Hank right? Maybe more work, less litigation and you could have helped your kid on Sharktank.

This is a stellar quarterly but in the end it really wont matter if they keep growing at this rate so downramp all you like.

- 100% qtrly result yoy,
- highest cash receipts and unit sales
- first marketing spend (ever) in Sept
- $3.5m on raw materials shows they are investing in inventory to maintain growth

Trying to pull apart a company growing at this rate with plenty in the bank because they are spending money on marketing and management depth is beyond missing the point.

The implication here is that you would be happier with a slower growing company, not building inventory, not marketing, not building management strength but eeking out a meagre profit/cashflow.