Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2

So use the cash, have the big leakage on breakages, re-start up costs , new products stocking warehouse . All the expenditure brought forward to land in 1 quarter and all expenditure that may bring future return. Makes the quarter look poor so hardly TO a defense strategybut who would have guessed ? . No wonder a offer has been made and IMO would steal possible future returns from holders ( although minority were probably never going to get anything.) . So perfect timing to slip in and grab company and pay no premium .
Sales numbers of yowie in Australia - stunned they are so low so either no volume of a very low wholesale rate ( or offsett buying shelf space / promotion)