Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-19

I mean you're effectively short the stock right now so anything you say is to be taken with a grain of salt. What I find interesting is you're saying you are happy to buy back in at a price point which we could hit tomorrow or next week and this price point could be achieved without the impact of the market crashing as you suggested a few days ago.

RE why these results are down. There are suggestions its due to improvements in the collection times of funds which made the previous quarter higher than it should have been. This will become clear in a few weeks when the half yearly report is released.

Regardless, the cash received for the first half of this financial year total is up 18% on last year. The company is not going backwards.