"it has been cheap for a while now" True, that. But for it to...

"it has been cheap for a while now"

True, that.

But for it to cease to be cheap, it needs to demonstrate sustainable organic growth, which it has not done to date.

Also, it requires management to provide financially meaningful, as opposed to "puff-piece", updates like this latest one which wordy but offered nothing of substance in terms of financial metrics, form which the market might be able to discern the extent of shareholder value creation, or otherwise.

Also, market participants and prospective investors could be excused for thinking that this update included a negative update of the commissioning of the Melbourne TonerPlas, which all the rosy-sounding "highlights" and other fluff, sought to mask.

The sort of high-quality, durable investment capital that is desired by listed companies, is demanding and exacting, and can see through substance-lacking corporate-speak.

.