A quick preview and this is what I get. the statement "During...

A quick preview and this is what I get.



the statement "During the half-year, the Company had a net increase in contributed equity of $1,843,296 related to the vesting of Employee Performance Rights" means that the company has received additional capital in the form of contributed equity.

So thinking along these lines.. Contributed equity refers to the funds that a company receives from investors in exchange for shares. In this case, the additional contributed equity is related to the vesting of Employee Performance Rights, which means that employees have exercised their rights to receive shares in the company based on certain performance criteria being met. When the employees receive their shares, they contribute funds to the company in exchange for those shares, which increases the company's contributed equity.

Therefore, the net increase in contributed equity of $1,843,296 indicates that the company has received additional capital during the half-year period.

I don't view this as a bad thing as while they have picked up these at a discount the working capital is a good thing. Shows confidence going forward.



Overall, from where we were on the Quarterly we are looking better than many of us thought we would be.. In fact, we mostly thought we where in for a Cap Raise by at least the end of this month into the next.. But we could still be 6 months away and this time a few more juicy results coming in.

Hate to compare.. but compare it to how AW1 has been handling themselves and you have chalk and cheese..

For now, I have changed my sentiment to buy..
as for transparency out of the last thread and company answers and looking at this report..
I think we are still on the money here.