Mate this "Cash at bank decreased $450k" labelled as a red flag is absolutely laughable, cash in the bank at any given time would be wild fluctuations with the outlays / incomes of a particular day, week, month year.
Again the rising interest rates will have minimal effect on a debt free cashed up company, keep in mind what will offset rising rates will be reducing costs of materials as supply returns to normal and prices decrease back to normality.
Ann: Half Yearly Report and Accounts, page-8
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