Ann: App 2A - Application for Quotation on Exercise of Options, page-9

No ones going to change your mind. And you have no idea why options are issued or how they work. You are blaming options for the current share price, when it has been performance based, and a weak balance sheet. Like I have explained before, the company has finally repaired its balance sheet, through the help of options capital, and cash profit.

the last two months, the Canberra office on its own has executed 27m of fed govt work, including the 13m services contract. Yearly revenue from Canberra was over 30m per annum. So opening the bigger office in Canberra has resulted in more work coming in. So well done to management.