Q2: Capital costs $3.1m - attributed to "advance component purchases to support supply to major projects such as Westpac Barangaroo and Singapore Post. Cash at the end of the quarter decreased by approximately A$0.7M to A$1.3M. However, strong cash flows from major projects such as Westpac Barangaroo and Singapore Post will greatly add to cash reserves in the coming months".
Q3: Capital costs $4.5m - attributed to "Operating payments were however higher than the previous periods at $6.4M principally due to payments of outstanding payables in particular the build-up of inventory prior to the Christmas / January and Chinese New Year manufacturing shut-down"
Something isn't right here and margins appear to have slipped greatly. No word on the Asian manufacturing either.
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