Ann: Chairman's and CEO's Address to AGM, page-9

I agree with your comments.
They can only forecast so much.
One thing they did say multiple time was a STEP CHANGE in revenue. This clearly points to a significant increase in revenue.
Also their arrogant tone (previous posts) was not arrogance, it was confidence!
The CEO believes he has assembled a great team, invested wisely in R&D, and has some cutting edge products that is going to make this company a success.
There is also blue sky opportunities with the NBN FTTC and gFast. If this is a success in Australia then it could be a world success.
Also they have cash in bank plus $20m bank facility, which should mean they do not have to issue more shares. I think this is the real reason the share price fell so much as the market thought they were going to run out of cash.
Anyhow, added more today.
Hopefully it goes higher tomorrow.
The market clearly liked what it heard at the AGM.