In 2017 the December quarterly was up 17% on the September one. In 2018 7.7%, in 2019 23%.
Between 7 & 23% up on September 2020’s quarterly (adjusted to add the pre-payment from previous quarter) means $14.1m-$16.3m cash.
However Septembers quarterly was unusually strong so I wouldn’t be surprised to see it come in somewhere around $12.8m.
Queensland energy price in Q4 + how hot it was (ie. air conditioner use) will have a big impact.
4C expectations, page-2
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