Ann: Notice of Annual General Meeting/Proxy Form, page-12

Half yearly ????

Nothing announced since the AGM except the unfortunate death of a director and talk of making humans happier.

SO we should be hearing about our double digit EBITDA growth this week.

$7.6m EBITDA for the first half 18 announced 22/02/18 SP drops to 49.5 cents

$7.6 m EBITDA for second half 18 announced 16/10/18 SP  47.5 cents.

At the AGM we are told that the Forth Quarter $5.5m EBITDA is indicative of the FY19 performance. We are also told that the board is maintaining their guidance of double digit EBITDA growth.

SP today 50.5 cents. The market seems to have 6.3% growth priced in at the moment.

If we just scrap in to double digits we should be at around 54 cents.

If $5.5m a quarter has been repeated for two more quarters then we should be around 70 cents 

At the supremely optimistic end, if EBITDA has grown by 10 % quarter on quarter then we could see an EBITDA of $12.7m which compares favourably to the original forecast for 2018 of $25.5m.

could we be in for the  share price bouncing back to where it should be. circa 80 cents.