I am assuming its the Cash that has people frightened.
But looking at the Cash Flow (and taking the Company at their word) - it would appear as though the bulk of this is in acquisition and development costs. Considering there is a steep back end 2nd half revenue expectation and no acquisition costs, I would expect the cash flow to improve substantially.
BUT I need more time to dot the i's and cross the t's.
Ann: 3P Learning Investor Presentation Half Year FY16, page-7
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