With no divi's this time around, should be in a better position...

With no divi's this time around, should be in a better position going forward.
Year to 30 june, $10 mil + paid to s/holders, out of the total loss of $14 mil.

Still read that cash-flows are fine, and, assuming mgt are reporting correctly, will improve in this fin year.
Guess fed gvt are the determining factor for how m.i.s. systems progress from here, but with their aim to have such an increased land stock dedicated to re-growth forestation, can only see an improving situation from current circumstance, imo.


Reporting is always an interesting way of reading a company situation, and particularly, what may lie ahead!
Some see black, some see white, and maybe some even see red.
Reporting is generally historical by nature, so it's an interesting scenario to look ahead based on where company is at at the reported time, and their potential ~ either way :)

Cheers :)