commander update, page-6

G'Day Nortiba

I did say that the Commander Voice business looks okay - I just made the additional obvious observation that within the last six months we have not had one announcement about a significant Voice win - which is clearly of some concern.

The Commander IT business certainly appears to be in a continuing down-ward spiral.

They also haven't been able to sell the Affinity business despite having it on the market for around four months.

I notice the Commander share price took a hammering today, down to 8.2 cents on a 1.4m turnover of shares. Which doesn't bode well for the required "asset sell-down" process.

It will be an interesting couple of months for Commander with the full year's result due sometime in August. I will be particularly interested in the Auditor's comments.

Regards

Tails