I guess if you look at it from where we were 2 years ago this is a great outcome.
Even last year when we had net debt of nearly 35 million to where we are now , being net debt of 300k, thats massive.
Big thanks must go out to our CFO, he must have had some sleepless nights, true we had a very good covid , but you can only play the hand that is given to you, management took full advantage and went hard at reducing the debt almost to the point of being under geared.
Margins are improving and despite loosing the QIC contract we are winning others, just wish they would let us know about the winners as well as the losers.
The key going forward is to show how we are going to grow, we are very cheap on an enterprise valuation , but might languish here if we dont go and market ourselves to the wider investment community, we have a more market savvy chairman than before and i would like to think that he does not want to chair a company with a market cap of less than 25 million.
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