Ann: September Quarter 2019 Trading Update, page-19

Nothing really much to celebrate about in my view. Q3 SV made 10 mil AUD. This Q only 6.2 mil AUD.

Q4 Aristo made 4.7 mil. This Q only 4.2mil.

Earning is on the historical low side. Market might be a bit relieved from no nasty surprise like last year. We don't know about the Q2 yet. But likely to make enough to cover repayment in December if no nasty surprise in the coming 2 months..

I suspect there is still 30 mil share from ASIC waiting to be unloaded. I was expecting this to be announced during AGM as the only catalyst for a mini rally before end of the year

But looks like it will stay side way until the Singapore arbitration result sometime early next year.

There is no reason to get overly excited.