Depends what you mean as substantial. We already know the...

Depends what you mean as substantial. We already know the company anticipates it will get gross debt down to $7M by next Feb (gross debt last month was $15.4M) - a reduction of $8.4M. Hopefully cash level remains relatively steady in the process - that would be a great result.

But I get what you mean - I think the market responded positively to the half yearly which showed a reduction in net debt of $4.1M - so if similar in 6 months we could see >15c sustained on that news.

Cheers, Sharks.