I am sorry but I am going to disagree on your most of points, the first quarter is always going to be weak in terms of low cash receipts and high cash outflow, the upfront payments normally pay before the end of the FY, cash outflow will be high due to employee bonus payments, super payments as well as GST payments. Kate would not be buying on market just base on some short term quarterly numbers, she must have seen the much better long term grwoth in a post covid world.
ALC Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
