Alan Kohler Interview with Sean, page-5

So many good points made in this interview but this part particularly stood out to me.

"It seems to me, you're an absolute obvious company to be taken over by American business, possibly Lincoln, I mean is that where you think you're heading?

Well, we've got a long way to go before we think we're at the right value to be taken over, but aside from looking at takeover protection for the company which the board has done, we do know that we'll be a very attractive acquisition to someone, largely because of the technology footprint we have in defence, we believe, because once you utilise our technology to produce a part for something as critical as a nuclear type submarine program, then you're really bound to use that technology moving forward to reproduce it.

Why is that?

Well, it's actually in the nature of the system, so you actually qualify the system for the production of that part, so that's qualifying the hardware and the software against the production of those specific parts, so it's not a technology that you can easily cut and paste or copy, because it's tied to the technology itself in terms of how it produces those parts."

There’s definitely a lot to get excited about. Sean remains cautious about getting ahead of himself, however the information shared suggests they are confident in becoming cash positive by the end of the financial year.