"The lumpy cash flow of the past is behind IMF"........Do these...

"The lumpy cash flow of the past is behind IMF"........Do these guys even read the company updates. Management have specifically warned that FY18 and FY 19 are lumpy due to Wivenhoe and Westgem.

From page 19 of the latest company presentation:

"IMF’s financial performance in each of FY2018 and FY2019 is exposed to portfolio concentration risk associated with two large investments in Wivenhoe and Westgem. Our views on prospects have not changed, but if lost, they will have a material adverse impact on IMF’s profit and cash position. IMF’s execution of its diversification strategy has sought to reduce portfolio concentration risk in future periods."