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Ann: Quarterly Activity and Cash Flow Report, page-30

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    There is no way they would deliberately mis-allocate the Smidge money to bolster Receipts From Customers.

    It appears that as at quarter-end they had received $460K of the Smidge money (Items 3.1 and 3.9) leaving $540K still to come in. But that is at odds with the announcement on 30 May (https://www.asx.com.au/asxpdf/20180531/pdf/43vfr0k6ndl9n1.pdf) where they say the whole $1 million would "flow" to PIL in April and May. They may have misused the word "flow" in that instance.
    Last edited by gimmegimme: 30/07/18
 
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