But you just said they intend to reduce working capital from $91m? Thats a change in working capital from Fy17 to FY18. This change is from either account receivables or account payables. They don't have inventory. I don't see them delaying payments to payables otherwise that could hurt terms and relationships. Only lever to pull is account receivables. So where will the cash come from?
VOC Price at posting:
$2.65 Sentiment: Hold Disclosure: Not Held
