Ann: Investor presentation, page-11

yes... all you say is correct... headline is this FY will be the first really clean year for operations... no acquisitions and all existing ones sorted and now contributing to company earnings.. this quarterly update hopefully these things will start to be come clearer so the world can start to understand and appreciate what it is .. questions at the mo are that the details re CAC and ongoing capex after the now reduced IT, Platform and GPP spend are also not known.. gross margin should also start to expand as costs are spread over more clients.. and GPP clients increase... 6 weeks ish and lets see what they say with the trading update...