whilst the qtr result is definately lower than anticipated the...

whilst the qtr result is definately lower than anticipated the results may be lumpy due to recognition of various contract revenues. terminating various contracts obviously had an impact though the extent of impact is unknown.

importantly, the revenue and EBITDA is a record under this management and forecast to grow substantially. the fact that previous management entered into marginal contracts proves that things are turning around for the better and margins will improve, costs reduce.

not sure why figures don't add up with margins and EBITDA and will raise this with MGT.

there's been strong buying at 2.6 cents, few ppl panicked sold down to 2.2 c though selling side is very thing so anticipate price to bounce back quickly.