Nope, the previous refund that was given to STX has been...

Nope, the previous refund that was given to STX has been reassessed and denied. STX are disputing that.

The other recent refund which STX has applied for, but not yet received, has been denied. This is for $5.3m approximately and the CBA loan that STX has, due for payment very soon, was supposed to be paid off with that refund that may not come.

Both are being disputed/appealed by STX.

They already have the money from last years and will have to hand that back if their appeal doesn't get up, but probably not for 6 months.

The refund they were sweating on, that has been denied and not come into STX's bank account is the real issue as CBA's loan is due for payment in March with those funds may not ever come or will take 6 months for the appeal to be heard if STX win.

Hopefully STX can renegotiate terms with CBA.

The issue is:
Bank balance at 31/12/2018 = $11m
Less estimated spend of $5.5m for the quarter,
Less CBA loan payment of $5m,
Leaves $0.5m at 31/3/2018.
Assuming CBA demand payment.
(All of the above figures are from the last quarterly)