Ann: Appendix 4C - quarterly , page-3

From what I read from the quarterly, it appears it is carrying too much debt. I wasn't overly impressed with the numbers but I guess it was a difficult year and if they can clear out that bank overdraft, then it might turn.

They pointed out that some write-downs are coming in the next quarter so I don't think the end of year results will be that good either.

I think I'll just wait and see with these guys now. I like the business but I would also like to see profits made.
They will need to be sub 2 cents before I purchase anymore.

All this is just my opinion.

:-)