I expect an upbeat view in the presentation on 23 April....

I expect an upbeat view in the presentation on 23 April.

Incumbency will be hard to compete against even if next defence dept contract goes to a panel arrangement. Industry duopoly with mms. Defence dept difficult to interface with for non incumbent.

Regulatory risk continuing to recede with both sides of politics indicating they are going to next election with a commitment to support current arrangement.

Siq highly regarded by existing customers. Reassuringly, management do not appear complacent.

Expect $18m profit next year. Ff yield of 7 percent plus going forward. Great dividend yield in a yield hungry environment.

Think a bit of a rerating is commencing.