Ann: Veris Australia Quarter 4 FY2020 Update, page-5

Good question Affiliated. One suspects the answer is yes, it is anecdotal. I was looking at the year's revenue.It looks like for the group it is around $103.7 million with the first half (58.3) much stronger than the second (45.3). So any pick up doesn't show in the figures. EBITDA looks around $3.75 million so it still doesn't cut it for a professional service industry. I continue to hold but in all honesty, the company has massively under performed, and in the process, destroyed an awful lot of wealth. The other thing that annoys me is that Australia had very few active cases of covid across the nation at the end of May. If we had ring fenced those cases, totally closed the borders for 28 days (2 viral cycles) and tested like crazy (with a 48 hour contact tracing regime) the whole country would be free by now. Suppression initially put us in a position to eliminate, so the strategy should have changed from suppression to eliminate. When you have a chance to eliminate, you don't stick with the policy of learning to live with it. Scomo and Victoria especially have dropped the ball and the whole country is suffering as a result. So with the Vic lock down it will now be affecting VRS.