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"My first thought was they have made an opportunistic purchase...

  1. 7,936 Posts.
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    "My first thought was they have made an opportunistic purchase of silver or mercury for the amalgams. Has been done in the past. Thoughts?"

    @Tattiebinger

    I don't think that explain it.

    Because even if they did make a large purchase of raw materials in the half, it would be booked to inventories and then subsequently expensed as it is consumed.

    So it would be evident in lower operating cash flows, but not in the P&L.
 
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