Jin the way I read it the net debt position of $2.8M is after...

Jin the way I read it the net debt position of $2.8M is after the $0.58M early termination fee.

From memory the last couple of quarters they've averaged a debt reduction of around $2M, so a reduction of $0.6M is in line with that (about $0.6M/month).

In return, interest expense for the coming FY is reduced by $1.0M.

I think everyone will be glad to see that Vendor debt paid off.

The last line on page 1 is partciularly promising - FY2017 Q4 the strongest quarterly financials to date.

Looking forward to seeing the market response.

Cheers, Sharks.