This is just a matter of time before it re-rates and moves into...

This is just a matter of time before it re-rates and moves into the 20 + cents area

Pipeline of work hovering around 90 million

Annualised cashflow (excluding the $3,700,000 raised in April 2022)

3Q FY21 - 2Q FY22 $2.075 million
4Q FY21 - 3Q FY22 ($.753 million)
1Q FY22 - 4Q FY22 $1.545 million
2Q FY22 - 1Q FY23 $1.771 million
3Q FY22 - 2Q FY23 $6.336 million

As a project business, revenue collection and payables can be lumpy. However for the last 18 months, cashflow is going in the right direction, specially last quarter. Not the silver bullet to performance but a strong indicator in a project driven business.