Ann: Half Year Results Media Release , page-5

The product Syn has been a big drain on earnings in the past. It is good to see that the EBITDA loss has been turned around from $3m to $0.8 million. This is huge and with the new customers they have signed up it will probably add to profitability next year. That would be turning a $4.5m EBITDA loss into a profit, very nice as operating EBITDA for FY13 was $17.5m. GBST is going global and winning customers due to their award winning platforms. This is a long term growth story in my opinion and has the makings to be a market darling. There is also a chance they will get into the ASX 300 on rebalancing as well. Provided markets don't sell off there is no reason why GBT shouldn't get to $4 very quickly.