Ann: Company Update-SRF.AX, page-164

You do realise the financials present a historical view for the Financial Year ended 30 June 2016??...... I.e. BEFORE majority of the cost savings, cut backs, efficiencies and measures which management are putting in place....

Management have cleared identified the issue with costs which there is a plan in place to address and rein in...

This will be a multibagger from these levels if they can achieve the measures outlined in their report.