Ann: FY19 Results - Supplementary Appendix, page-3

As I see it the additional information just confirms what the broader market had understood for some time as per the current share price action.
What return (profit) has there been on the equity in this company? Zilch? They show:
1 HY ($3.6) loss
2HY (4.4m) loss
Total 2019 (8.1) Loss
Discontinued activities Profit 9.4m
Overall a profit of 1.4m
Hardly a good starting pint to the 2020 year....
Connie and the ten need to get onto a 40 mile run rather than 40 miles stroll to achieve anything like justifying a SP of double the current levels.
Remember that is where the shares were about 2-3 years ago.
Maybe they could be bold enough to issue forecasts of revenue / profit for
1st HY 2020
2nd HY 2020.
Maybe they are not confident in the expected results for the 2020 year?
The 40 mile trudge by Connie is still very much a work in progress.
They have tried to put lipstick on a pig, but the business performance is still a pig and it needs a lot of food to fatten it up in these lean times.
This is certainly not a performance confirmed by their latest schedule that justifies performance shares to a CEO!
I find this most disappointing that the Board allowed the issue of Performance Shares to the CEO.
I think the AGM is in November.
As many as possible should attend to vent their disappointment and frustration to the Board.