Extract from the announcement. " A number of opportunities have...

Extract from the announcement.

" A number of opportunities have been targeted that the directors believe may release surplus capital and deliver significant value for shareholders. These initiatives will be reviewed over the balance of the 2018 financial year and actioned in the event that they are considered to generate significant shareholder value. These initiatives may generate excess capital and as a result, the directors consider it prudent to establish a share buyback capability in the event this is determined by the board to be a prudent form of capital management. These initiatives will require significant input and effort from management. Accordingly, changes to the incentive packages of several senior executives have been identified to assist in aligning management interests with those of shareholders. Proposed changes include amendments to the Company’s option plan and the issue of options. The proposed changes include a significant increase in the option exercise price to create a longer term stretch target and incentivise the release of surplus capital. It is proposed that these options will be issued at an exercise price of $1.20 per fully paid ordinary share, which is approximately 70% higher than the current share price1 . For those executives issued with these stretch target options, short term cash bonuses (under the current Short-Term Incentive scheme) will be forgone for the current and next financial years. It is forecast that these changes to the incentive packages will further result in an increase in profit in both the 2018 and 2019 financial years as the valuation of the options to be issued is expected to be lower than the short-term incentives foregone by the applicable executives."

. options exercisable at $ 1.20 adds more capital at a much higher premium to current SP
. share buyback ( hopefully below $ 1.20 ) from surplus capital.
. Managment buying shares on market at 79 c shows OPTIMISIM ( well cheaper than the $ 1.20 options )
. tightly held register with 60 mil shares.

holding on to my shares at least till $ 1.20 mark, what an incredible run of late

Managment is heading in the right direction in execution of growth, capital management,
remuneration is fair to shareholders and motivating the management to perform.

Looking forward to new contracts and possibly other avenues for revenue.

with SP going higher raising capital for future growth will enable great value in the scenario of SPP for an acquisition.