Ann: Wins $8 million Road Lighting Contracts for Victorian Roads, page-7

Thanks Art.

Agree there is a substantial debt to repay.

However, if I remember correctly, they repaid ~2 million debt last financial year, and that's obviously excluding the ~$1m declared profit. I

Thus, if they wanted to and the business circumstances suited, the debt would be paid in seven years on the existing business premise, not 21.

Add in some business improvement and it could be even quicker.

Further, plenty of companies out there with sizeable debt, and many paying a small dividend.