True and if you take out the opportunistic one off costs that...

True and if you take out the opportunistic one off costs that Michael included in the half year accounts the quick ratio would actually be higher. The company is being held down through clever accounting.

The CBA loan of $10m is a worry, yes. It needs to be changed or extinguished and the securities released.

I really can't see people waiting to 2020 for an improvement in their investment here, they are seeking it now as the price is well below relisting, well below Bell Potter's placement, well below any current investors recovery price and well below what it should be.

There is only one way to change that and that is to change the guard.