Ann: Preliminary Final Report, page-11

In the 30 Aug announcement, loans and borrowings were shown as $6.3 million while cash was $5.6 million. So there's very little difference. Also in an earlier announcement they stated they were tracking at $125 million annualised revenue (I think a July one, without looking back). They are looking to optimise revenue especially from surveying, and will get gains both ways from the synergies developed between surveying and planning. It isn't hard to see $135 million FYend 2019. I like the idea of a consolidation year. Massive changes take 2 years for personnel to fully uptake, and to optimise efficiencies, and without immediate further acquisitions I see all the signs as positive towards a very handsome net profit.