Ann: Annual Report to shareholders, page-4

There's some potential here if they can sort out their cashflow (see audit notes from page 25). CRs in F19 and F20 resulted in a 60% and 200% (respectively) increase in the number of ordinary shares, with the corresponding dilutionary effect. With cashflow such a critical issue it will be interesting to understand how the CEO has achieved max performance-based remuneration ($540k) with two consecutive years of declining SP and net cashflow.