Well just browsing this I must say it looks relatively good. Last years result was a shocker but the impairment was only $500K so the turnaround that we saw in the second half has been sustained. I think that is a good result given that there are still a lot of moving parts. I think with the overhang now well and truly over ( maybe the ex director still could theoretically still have about 2 million by my reckoning) . Those numbers are certainly not the same as we looked at Sargon and one other holder who had in the tens of millions of shares that created the overhang that was cleared yesterday. No substantial notice out yet and as such we could still see one but its looking better than it has for a long time.
SEQ Price at posting:
21.0¢ Sentiment: None Disclosure: Held
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