Ann: 1H19 Media Release, page-48

Well Yaba, I'm glad you got a laugh out of my CASH scenario. I always look at Operating Cash and compare it with NPAT and EBIT. It sure as hell proves whether the 'profits' have some commercial basis and are not just a journal entry as was happening with QIN. Debit Assets and Credit Income as it were.

Then you say "I just think they should have come out with an update earlier"...update of what! They don't give half yearly estimates so the update could only have been against their internal goals. They have been very clear on guidance. It is for FY19 and they are holding to that guidance despite the 1H results not bettering 1H18.

On the teleconference Keith was quizzed on how they can deliver a $15m NPAT in 2h v the $5m in 1h...this is what he said:
"With respect to how confident are we - entirely, otherwise we wouldn't have released it. It's a number that has been endorsed by not just the management but also the Board and there's a clear pathway to delivering on that."

And, here's his final comment in the teleconference  call: "We are very comfortable with where we are with respect to January and February and we're in line with where we need to be to deliver the full year."