Ann: Appendix 4D - December 2009 , page-2

Half year results better than expected, debt at 31 December down to $700,000 or so. Full FY EBIT forecast upgraded from $2.2-24m to $2.4-2.6m - and this includes the cost of sales capability upgrades and software development. And "it is highly likely the company will pay a dividend after year end, assuming continued strong performance".

This is looking pretty good to me. My valuation of Konekt is now over $20 million around 30c per share). No idea when/if the share price will reflect that kind of valuation, but I'd expect payment of a dividend to prompt a re-rating, if that doesn't come sooner.