the reason was that if this quarter didnt perform well there was a risk of a capital raise. but as that risk diminished with the current result + new banking facility it minimised the need for raising capital.
thats just my opinion. December 1/4 last year also appeared to be seasonally weaker. So im expecting a much better result next quarter, particularly when foretasted costs are the same as the current quarters.
Ann: Appendix 4C - Quarterly, page-33
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