Ann: Appendix 4E & Annual Report for Year Ending 31 December 2024, page-5

13^th,thank you for the posts over the past few days.

Medium to long-term shareholder here, and one that believes the company can continue to win new contracts within larger companies and also expand their services within same.

I agree with what you share and say, yet I have often wondered why the share price has remained around the $5-8m EV. The conclusion that I keep coming back to is the market is valuing the company not akin to a service-based company which I too believe is fair enough as effectively we only have Chris in the market selling(like a partner in a firm).

Once we crack $10m in revenue per year we might see the market view the company differently, or if we see some other distribution channels open up and sales landing (again like you mention / allude to).

Hopefully a big contract announcement that blows the existing trajectory out of the water isn’t too far away and we get that re-rate for all involved.