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Clearaly, negative working capital movement was due toincreased...

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    Clearaly, negative working capital movement was due toincreased receivables and inventory. Higher receivables reflect the completionof a number of projects in December forwhich payment was received in January. Increased inventory is to secure supplychain and pricing for critical components. And the debt is associated with GJD.

    I think the business is well positioned for future growth as they increased their investment in global sales team. As long as they maintain their guidance for this FY, I won't complain. Given the fact that Mal just started less than 2 month ago, investors still need to be more patient to see some real changes.
 
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