Ann: Trading Update, page-12

After today, a mkt cap of $80m.....hmmmm...

why all the cry babies???

overall asx mkt has a p/e of 15: implies fwd earnings of $5m p/yr (80/15)
sector p/e of 26: implies a fwd earnings of $3m p/yr (80/26)

question to ask yourself is simply do you think the company is "overpriced" based on those metrics?? NPAT in FY17 was 11.6M, eps of 8.3c.....how bad have we really done this year to warrant our current mkt cap?

and for all those crying over the Works payment hurdles, they'll be paid above the line anyway and through Works cashflow (as originally advised).

~$160M FY19 revenue with $80m mkt cap.....wow....why we even debating this? how many stocks on the asx have a mkt cap half their annual revenue?