6.3 million npat forecast for the full year, page-5

Morley:

If you take a close look at the Technology division figures you will see some significant growth in recent reporting periods. The forward projections, based on contracts and a steadily building customer base, is at worst extremely promising. If the new technology takes off - as is anticipated - then l fully understand why the directors allowed the potential takeover of the Technology Division to peter away. There is substantial upside from here and my belief is that $24 million for this aspect of the business is totally undervalued. Time will tell, but there is every liklihood that a dividend exceeding the recent capital raising price will be issued within the next 2 years.

Investing in a company which will report a NPAT of $1.6 million for the current financial year for continuing activities (if there are no unforeseen circumstances or material changes), and which has a market capitalisation of under $3 million, is a no brainer. I am fully invested and this is why l have no problems communicating my perspective on Inventis. The Directors have ploughed their money into the company in the right way. Shareholders who did the same with their hard earned are likely to have huge smiles on their faces right now and even bigger smiles in the future.