Ann: Investor Presentation , page-5

a $400m + plus market cap (at least given how the price ss going and the pending capital raising effort)

on the back of what? an acquisition that they paid some $18-20m for? prior to the acquisition they worth not even worth a 10th of what the market cap will be post the acquisition so you can only conclude that the acqusition is the justification for the market cap but at that price how is that even faintly possible?

I think ASIC need to be keeping their eyes very closely on what's going on here!