Ann: Monthly Cashflow - April 2017, page-4

I don't think they are reporting the cash movements on investments on the correct basis, gross figures should be used. i.e. cash purchases of investments and cash proceeds from investments. Net basis could be used to cloud the inflows and outflows - corporate governance should have stepped in here.

Also lodged too late yesterday so now released late. - It's not like they are undertaking a lot of transactions so shouldn't have been that hard and not good when there is a review of corporate governance going on.

No funds from Lanstead during the month. On 17th May in response to ASX query and with knowledge of the nil funds for the month, SK said that Lanstead should contribute $2m over the next 12 months. Now it will have to be over the next 11 months.