Ann: Appendix 4C - quarterly, page-19

Calm down. It's operating cashflow positive. Meaning, the underlying business is cash generating at least for the quarter. Might indicate as well that it could be profitable. Given that they are still early stage, this bodes well. There are very asx listed companies that can boost this.

My concern is the dividends paid. It was unannounced and there is no clarity which among the subsidiaries declared and paid it? I assumed that given the amount and ration of dividends received and dividends paid, its a 51% owned subsidiary. Also, the inter-subsidiary transactions should have been eliminated giving a net financing cash outflow of $1m for dividends paid. Basic consolidation rule. Wasn't applied properly in the preparation of 4C. Terrible mistake for a listed company.