Annual Report posted: The sale of the NZ business generated an...

Annual Report posted:

The sale of the NZ business generated an initial capital profit of $NZ 5.6 million and has enabled the Group to repay all of its liabilities whilst retaining a cash surplus as at 30 June 2017 of approximately $A3 million.

Going forward we propose to use some of the cash reserves to develop further and expand the Technology Division. We have been approached by a number of parties, both from within and outside the insurance claims management industry, interested in using the BuildAssist, AcClaim and Qusol platforms.