Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-77

thanks @glutenfree for doing this

what that clearly demonstrates is that ACV was not being calculated correctly as despite you allowing for a 12 mth lag, cash receipts never got close to the dotted orange line.

what is also clear is that mgmt don't want to address the elephant in the room and admit that ACV is bogus perhaps because they don't seem to have an alternative metric (based on reality) that can provide guidance to the market/shareholders

To add to that problem, you now have multi-page marketing statements and again your analysis shows receipts falling under payments........not sure why mgmt are getting a free pass on not answering these questions