Overall the Ann. Report will not be as horrid as it represents three quarters of reasonable cashflow results and one horrid quarter.
This horrid quarterly is due before annual report if they report properly.
The ann. Report can be extended to Oct. if they really want to.
I hope they report a quarterly update beforehand to see what happened to cashflow during the last period of transition. Get the skeletons out of the closet and do not treat trade receivables as cash.
As I think this is already priced in.
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