Ann: Appendix 4E and Preliminary Final Report, page-13

AN1’s virtually assured profitability for FYE 30/6/2024, ignored by the market to date, will make a significant difference not the least of which will be a boost of confidence in the businesses. In turn a multiple increase in the sp an be expected.

Those following the announcements and reports over the last 12 months would rationally see this turnaround as a no brainer. The milestone coming will evidence the renaissance we’ve held out for.