Ann: App 2A - Application for Quotation on Exercise of Options, page-18

You really have no idea do you. Perth and wa is where most of the revenue comes from for cnw. The revenue is from mining companies, councils, non profits, state govt, private enterprise , etc. Canberra is the area at the moment with the biggest growth. Melbourne is struggling.

in a IT company, economies of scale really kicks in when they achieve 100m in revenue. Before that companies struggle, because of fixed costs being there and can't be spread as wide, and effecting profit, and cashflow.

sit back and enjoy the ride, critical scale is here, instead of whinging all the time. The Share price will follow performance soon and the rubber band effect will be great on the share price. You watch. Blame options then too are we?