Not concerned per se. I took a much simpler view (as in excluding the changes in derivatives .... so more a view on Operating Assets & Liabilities without the Net Financial Assets(Obligations)).
So just more a observation that operations required additional cash (to keep operating) and WC (so just Cash, Receivables, Income Tax Receivable and Other Assets of ~$21M and net against Trade Payables, Accrued Expenses and Provisions of ~$64M). That's my high -ve WC comment ... ~-$43M.
Compared to prior period +~$28M - ~$71M or ~-$43M .... it hasn't increased (thankfully) but it hasn't decreased either and IMO it should be going down.
SEA Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held
