I was expecting 1.5M based on a linear increase in operation cost estimated from the four quarters in FY21. The cash receipt really surprises me but the cost does as well. I think the increased cost is associated with acquisition of panelists which is more than doubled. If so (ideally disclosed in the 4C), I am happy with the cashflow. Anyway, nothing to worry about at the moment, I will just hold and wait for the next quarterly result.
PPL Price at posting:
6.6¢ Sentiment: Buy Disclosure: Held
