Ann: Preliminary Final Report, page-18

I guessgthat you all need to understand that these companies are still in their infancy stage and cannot be valued according to the classic revenues and profit model.

If you are searching for value plays you should be looking at the ASX200 and not in microcaps.

The recenues can explode any time by deals that at the present seem insignificant. If for example ESE makes 1 million revenues on 2018 and manage to become marginally cash flow positive, what will be the mcap then? 15M$?? Don't think so...