Ann: Appendix 4E and Financial Report, page-8

Sorry to say I do not see any positive. Since 2021 the EPS has been as follows:
2021 - 6.7c
2022 - 4.2c
2023 - 2.1c
2024 - 1.4c
In the last year the following has occured with mangement remuneration:


Not sure how anyone who sees 4 years of EPS decrease a good thing while management get paid more for that. Also do not agree with some of the cash comments up above. Need to consider the final balance sheet which shows true state of the company as a CF statement will not take into account pre payments, post payments etc..

Net Assets down overall but cash position ok as Receivables do cover payables. I will be voting down remuneration report if I am still a holder when the AGM comes around, but given the lack of liquidity will be way too hard for me to get out at a reasonable price.