Ann: FY19 results investor presentation, page-2

Good turnaround story here and well positioned for growth.

Currently well under valued with a market cap of circa $59m and an EBITDA of $25.5m and nett debt of $18m. Paying first dividend since Oct 16 and looks like a good investment for more divies into FY20 and beyond. The Mining Tech Business unit is new and looks prosperous going forward. It is currently a cash drain so the increased revenue projection for this unit just adds to the good growth story.

Good buying at this low EV/EBITDA ratio of just 3. Target SP 50c IMHO but DYOR blah blah etc etc.

Cheers