Ann: Amended Change of Strategic Direction Announcement, page-8

Well there's certainly not much selling pressure - and not much weight to the selling depth at all.

A lot of trades went through on both 11th and 12th. I expected there to be a retrace on the 12th, but it held up at 2.2c and there is significant support at 2c, so I acquired a small parcel.

I expect any further news such as clarification of profit levels, additional customers, or a hotcopper mailout may see a bit of a frenzy with potential 100%+ gains, given the weak selling depth.

There will be approx 40m shares on issue after the transaction, or pre-consolidation about 400m.

At 2.2c this equates to approx $9m market cap

3c = $12m

5c = $20m

7c = $28m etc etc

A further re-rate is not impossible given the current trend of tech stocks taking off.