Ann: Appendix 4C - June 2016 Quarterly Report-CL8.AX, page-18

Quarterly growth numbers are basically flat, you can see it's all reliant on DMC at present. But DMC revenue and profit is up, though it's not clear where the upside came from, with flat rentals etc, it looks like they blurred the software development incomes into the DMC revenue to boost the top line, which is a one time charge.

I don't see the growth in DMC or any of the other businesses that could justify a re-rate. Perhaps that's also a factor in why the SP didn't move today. The smart people are on top of this stock, when the company announces and nothing happens, you know something isn't quite right.

Promising future maybe, but right now it's all sideways at best and heaven forbid another whole quarter to go before the numbers stack up.