Yes that could be it, looks like $8m loan outstanding so we may get that paid back which gives cash no tax, note net assets up from $78m to $82m so regardless of cash burn our value is increasing.
Interesting to see what the business rags make of it over the weekend before we open on Monday, share volumes traded been extremely low last week so any buying pressure could have significant effect on share price, only three weeks of March left to go I’m smiling, Loop.
Ann: Half Year Accounts, page-8
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