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The illiquidity of EGL continues, this time ahead of its full fiscal year result due before August 31.

Since April 2016 EGL has issued a number of statements about increased sales, including on June 30 when it talked of another $18 million in business done to take total sales since January 2016 to $54 million, well ahead of the previous period.

Obviously, the impact of the more recent sales will be most evident in FY2017-18.

But there will surely be some positive impact on profits for last fiscal year from this increased volume of business.

The first half of last fiscal year proved something of a turnaround for the company, shifting back to profitability. Hopefully this continued in the second half, potentially providing something of a catalyst for a languishing SP.