Ann: Appendix 4C and Commentary, page-19

I'm surprised the SP hasn't drifted towards 22c since the placement. I also thought it was a great result for management, not often are cap raisings performed above the current SP.

I've been watching SKF for a while and I think the product has massive potential. The business model also seems to be a winner for targeting different sized customers.

When the SP was in the mid-20's I told myself to wait for revenue figures before purchasing, but it is hard to resist at these prices. Famous last words perhaps, but the downside risk seems minimal given management and insto's were happy to stump up at 22c a few months ago and the company has only signed more deals since then.