With the working capital movements last half, this was always going to happen. not sure why they present net debt delta on a 12 month basis only. Sure present 12 and 6 months if you want, but do they think we’re all stupid and not going to notice?
not sure why they paid 2.2mil tax given npat last year was -34mil...?
happy with the ebitda, would be interested in how PPE and intangible spend is going to track in the second half.
as long as they get debt down 10mil in a 12 month basis at the end of the year, then net debt to ebitda drops below 1.
With the working capital movements last half, this was always...
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