The Dec Q did not make reference to the repatriation of the $1,5M from China so I emailed the company a Q.
Here's their prompt reply:
"The Appendix 4C is a consolidated statement. Which shows all cash held by the group.
The funds in China were generated from the sale of AGX 1009. Until we could effectively move the cash from China to Australia there were limitations on its use.
In order to get the funds out of China there is an extremely long and complex process which required various approvals from the Chinese authorities. The funds were remitted from China to Australia in December 2015 as we announced. In effect this was just an internal movement of cash within the group."
The Dec Q did not make reference to the repatriation of the...
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