Just to give you a clear answer, the Market Update said Operating Cashflow will be negative. If you have a look at page 44 of the 2016 Full Year Financial Report you can see what makes up cashflow. There are three basic categories - Operating, Investing and Financing Activities. Payment of debt would fall under Financing Activities.
In FY16 they had 1.1b in revenue, yet their operating cashflow was -0.1b. The Operating Cashlow is negative - they are still losing money out the front door. This is one reason of the main reasons why I find this Market Update so negative. A business can't go on like this for a long time, especially with a large amount of debt already.
SGH Price at posting:
17.5¢ Sentiment: None Disclosure: Not Held
