Ann: Appendix 4D and Half Year Report, page-19

Ci1 was trading around 0.024-0.03c for quite some time over the last 9 months. Only recently, in December, with the Yozo acquisition have we seen any price movement. Then on 16 Feb, without any news - we went up just shy of 20%. The following days saw massive volume and massive price increases.

There was a similar jump, on high volume, last year when a market update saw the price spike from 15c to a high of 40c.It then reverted dropping down to around 3c which is where it has largely stayed for the last 12 months. +/- 20% or so.

Last year saw a growth of 116% of revenue and an increase profit of 355%. So perhaps people buying in since 16 Feb were anticipating a similar performance and subsequently a similar price increase. With the increase only 25% and minimal good news across the HK, SG and AUS businesses holders may have looked at the update and decided the price wasn't right.