Ann: Full Year Statutory Accounts, page-17

Based on the commentary provided, it looks like out of the $9.6m in dispute, $3.6m relates to the June month which means that $6.0m relating to the September quarter is in dispute and should drag on for a while.

On this basis I'm actually expecting a boost to operational cash flow for the September 2017 quarter.... agreed? This might actually allow WPG to deploy the cash to good use while the dispute drags on? (trying to think outside the box on this one.)

Also, working capital as at June 2017 seems to be broadly neutral given the $17m current asset vs trade payables of $17.6m ($21m less $3.6m in dispute). Borderline yes but I don't think we are in crisis mode yet just yet...

Keen to hear others thoughts on numbers.