Ann: Preliminary Final Report, page-58

Interesting comparing 2016 to 2017 financials re the Preliminary Report.

The one point I took most note of is the jump in the 'Share based payment expense'. That's an increase of $263,689. Why is the 'Share based payment expense' increase of $263,689 a positive for me?

March 2016 - $128,979
March 2017 - $392,668

Remember what was highlighted on page 12 of the 2016 Annual Report re under Remuneration? The last paragraph highlighted that the Board's efforts have been on finding and completing new business opportunities and that shareholder wealth are largely linked to the success of this approach. What was also highlighted is that the Board may pay a bonus to the directors or executives should this come to materialise and also a further bonus may be paid upon the successful completion of a new business acquisition. That's why this is a positive for me.

Tony