Apologies, I said $1.01m in net cash from operating activities but that's not quite accurate because the My Net Zero investment falls under 2d in the 4C.
Regardless, of the $3.294m net decrease in cash for the quarter, 42% was 2015-2020 tax expenses and 30% was the questionable My Net Zero investment.
With better executive decision making LVT would be reporting a net increase in cash by now.
Ann: FY22 Q2 Quarterly Activities Report and Appendix 4C, page-19
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