I put together this crude little comparison between this 4C and the last one.
When you account for the high admin/corporate costs (presume at least in part due to the management changes, some commentary would help), and from the low outflow projections next quarter, looks like we're nearly there in terms of being operating cashflow positive thanks to the handy uptick in receipts. Of course the acquisitions and costs associated with those, etc could have an impact on this going forward, but fundamentals (underlying performance) look strong.
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- Ann: Appendix 4C - March Quarterly
Ann: Appendix 4C - March Quarterly, page-6
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