Ann: SGH FY17 Results Presentation, page-203

Have you seen the cash flow figures?

Have you considered the significant non-recurring consulting costs, material facility amendment fees and higher interest margins?

After normalising for non-recurring payments GOCF was a $10.2m inflow (FY16: $57.6m outflow).

I smell a rat. New lenders have an interest in painting a bad picture so they can quietly take over SGH and then 'Miraculously' save the company in the UK (100% ownership) and Australia (95% ownership).

Remember the massive advertising campaign late in the year? Cash burn?

All in my opinion.

I say 'send them packing'.