Ann: Appendix 4C - quarterly, page-38

Exactly. Not enough information here to come to the conclusion of a cap raise. Many things to consider. A few examples. How much of the receipts is due to timing etc? What's their receivables like, if it's high will they be paid in July and hence higher receipts from customers in Q1 FY20, or not, etc? What other costs will there be that's going to require material cash in the short-medium term, if any? Are there lots of payables? No debt. Best to wait for the full year financials for this information. They've also just had a cash flow positive half...