Ann: Appendix 4E Preliminary Final Report, page-9

Can somebody make any sort of bull case for this stock when revenues are down for the year, and:

1. They have expanded their team & in particular hired 2 x new sales people.
2. We have had the COVID work from home/remote access explosion, demand for DC storage has been huge.
3. The new DC at Bibra Lake has been open since May, not the full year but has it generated nothing?
4. Three modular DCs were rolled out to customers - this was touted as new business, new revenue.
5. I can’t name any other stock leveraged to DCs that has declining revenues.