WSI still doesn’t make a profit though and is likely to run losses indefinitely whilst the severe WA labour market shortage exists.
The cash flow figure is just completely irrelevant… they can adjust it however they like using invoice factoring without disclosure to the market. The cash flow scam only works every second year though as it all has to wash back out to reality in the end.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-15
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