WIP reduction would be due to the receipt of mesh class action funds of just under $40m. Effectively WIP has converted to Cash. Take that out of the picture and WIP has grown by $22m.
Great result, they just keep delivering consistently. Nice big pile of cash too.... Surely they will be looking at more growth / acquisitions in near future.
Ann: Appendix 4D and FY21 Half Year Financial Statements, page-3
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