your analysis is correct but perhaps too early in the turnaround. the digitisation will be more evident in FY20 as it takes time to get the business updated including app refresher.
Seasonality should be similar to Entertainment with low cash (funding working capital) by end of Dec converting into a high cash position by end of June 19. That's standard and should not be a surprise to anyone, but they cant change the seasonality in a few months.
so focus for me is on cash at the end of FY19.
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your analysis is correct but perhaps too early in the...
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