Ann: Change of Director's Interest Notice-T Lawrence, page-8

I've been buying more on market. A market Cap of $32 million is equal to one quarter's revenue. If they have reached the target of 16-17% gross margin, and continue to track at around $140 million revenue p.a. we should have an Ebitda in the range 5-8 mil, and a net profit somewhere around $2 mil. Since the last announcement, where they indicated they had remedied the margin, we've had no further notice, and the half is finished..so it's reasonable to expect the figures I've posted above. A half yearly by end of Feb. in line with what they have indicated, could easily double the share price to something more realistic.