Ann: 2023 Annual Report and Appendix 4E, page-12

Yes, congrats to Halliday and the others for battling to keep IOU afloat. Personally, I think they have removed all the crap from the company. If they can achieve the almost impossible feat of getting this reinstated on the ASX, I feel like that is a win, regardless of where the share price goes. The option before Halliday and the others came along was going to be a Zero share price as I am 100% sure we would have been delisted and sold up - and probably whatever we got would have gone to PwC costs and shareholders would have received nothing. Getting relisted means there is life in it. With the impairments done, hopefully forward looking financials will tell us exactly where we are at and if we are running at a profit.

I'm not kidding myself. It is a long road ahead, but I have no choice but to stick with it, so I'll see where it takes me. Hopefully new management can recover some funds and use them wisely to rebuild.