Hi Dreamcatcher, interestingly that planned expenditure you mention has the following note attached to it
"# Includes payments deferred from the previous quarter. "
The note appears against the proposed expenditure on staff costs (item 9.4) and corporate and admin costs(item 9.5)
Doesn't appear to mention how much those deferred amounts are but it's a bit of a red flag that they seem to have deferred expenditure, does anyone know what the defered payments relate to and why they needed to be deferred?
https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD5gy0yRWZtuV6ke92GA==
All in my humble opinion as always
Ann: Notice of Annual General Meeting/Proxy Form, page-30
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