Ann: Appendix 4C - quarterly-LWP.AX, page-8

This will be their third potential billion dollar company opportunity - im sure those guys at 1AA investments know what they are doing. Dont forget proceeds from their ASX shares managed fund which has recently set a new world record for yearly returns.

$2 million gone in just the quarter is a far cry from the estimated yearly burn rate of $1.6 million they claimed in their last broker presentation. Those cost savings initiatives seem to have worked in reverse.