Ann: Half Yearly Report and Accounts, page-5

Fellas, guys and gals.

I think we need to take a deep breath and start digging deeper.

Page 14 of the Half Yearly provides an insight into what we have left. I'm of the mind that this is the only (positive) legacy that the CHP team left RFN:

Investment in Loyyal Corporation valued at $3,260,733 by management/auditors. And collecting us interest! However, the only appreciation in the purchase price seems to be an $US/AUD movement?

'Financial asset at fair value through profit or loss - Investment in Loyyal Corporation
Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly'

'Note 6. Non-current assets - financial assets at fair value through profit or loss (continued)
Investment in Loyyal Corporation represents the group's investments in Loyyal Corporation ('Loyyal'), a leading US based blockchain loyalty and rewards company. On 24 January 2018, the group invested a total of US$2,300,000 in Loyyal consisting of:

• ●  US$1,500,000 worth of Series A-3 preferred shares giving the group 4,670,714 shares or 9.38% equity interest in Loyyal on a fully diluted basis; and
• ●  US$800,000 in convertible notes, convertible into Series A-3 preferred shares, on 24 January 2020. Interest accrues at 2.5% per annum
  During the half-year ended 31 December 2018, interest revenue totalling $13,915 (31 December 2017: $nil) was recognised on the convertible note component of the investment in Loyyal. As at 31 December 2018, no interest payment was received and interest receivable of $25,174 (30 June 2018: $11,259) is included in trade and other receivables'.