Net debt was $741m at half year end Dec 15 but note they also had clear cash burn for Jan and Feb so at end of Feb net debt was even higher but now some $60m lower at end of June 16 from Dec 15 Debt position at $681m.
And then you have the added bonus they 'may' report recent trading performance trends since end of financial year (read likely improved cash flow) with next weeks full year results. Now why prey tell would they do that - because cashflow trend is improving and positive....
So would you be holding short for next weeks full year results on the above.....? Alex?
Ann: FY16 Earnings Guidance-SGH.AX, page-42
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