Ann: Profit Guidance, page-12

With a cash balance of $8.6m at 31/12/2014, and operating cash flow expected to bounce back in 2H2014 (after being low in 1H2014), I'm keen for the company to start a share buyback. I've put this to the CEO in the last few weeks to see if they might be considering it. A somewhat vague response, but it could be on the agenda ...hopefully.

"...the Board is not averse to contemplating such a capital management strategy."

With a return on equity still above 15%, I'm keen to see the company invest in its own stock at these price levels. Any thoughts from others?