Ann: Quarterly Update & Appendix 4C, page-31

good point. If the report was bad today it would of been a blood bath. This market is unforgiving. Everything looks great. Annualised recurring revenue runrate continues to increase. Customers increase. Strong partnerships. The only negative which caused selling today was the lacking and lag again of cash receipts. If cash receipts had of lined up more closely with the ARR I believe the share price would of been 10-20% higher today. I think there are holders who are just getting impatient with dubber and that’s fair. It just presents an opportunity for those who see big things coming up over the next 12 months.