I was under the impression that Schrole was a seasonal cashflow business. So you would think that like for like quarter comparisons tell the story rather than rolling quarter comparisons.
It is interesting that the highlight outlined is in the presentation was “Strong 28% cash receipts growth in September Quarter (Q3) vs June Quarter (Q2).”
Cash receipts in Sept 2020 was $1.466. Cash receipts in Sept 2021 was $1.181 I guess like for like -19.44% does not look as good.
SCL Price at posting:
1.1¢ Sentiment: None Disclosure: Not Held
