Good luck - you’ll likely have a cheaper average buy than me...

Good luck - you’ll likely have a cheaper average buy than me (I’m in at ~39c after lots of patient buying ... so a bit jealous).

I re-read my post above and I must have been thinking quicker than my typing. To add the details I thought I’d included ... FY18 CAPEX was $9M and included CAPEX for the $66M NSW 5year contract. FY19 CAPEX much lower at $3.4M ... so all $9M was for NSW contract, that’d be 13.6% of TCV, and if just the difference between the two years, that’d be 8.5%.

So, I think your $2M for $16M (12.5%) would seem reasonable to me too.

Here’s to both of us making some money out of this micro cap now!