Ann: Quarterly Activities Report and Appendix 4C, page-10

A solid outcome.
pre-covid I was expecting a higher return on revenue than what eventuated. However it is understandable where things are at. The growth is encouraging.
It is obviously a critical stage for the company. The following are the key factors moving forward:
1. The use terminology that sales have been strong and ongoing Have they been able to continue sales through the covid period?
2. the delivery of the Max is not only critical to customer satisfaction but it will be the driving force to keep momentum of any sales re point 1. If the product is as good as they say once it is in customers hands, word of mouth should build on advertising strategy to increase growth.
3. If 1 and 2 are met they need to inform market as frequently as possible to drive up share price. A cas raise at these prices would be disastrous for share holders.
4. if the SP stays in the basement they need to find a institutional investors. or alternatively an approach for a take over could help to drive SP up for a cash raise
5. Hopefully they don’t do a share consolidation.
6. The traditional store strategy has been a disaster. Walgreens, Best Buy, specsavers and the mysterious other European companies have driven bugger all. They need to persist but something needs to be done.
7. OEM deal
8. They need to clarify to market how much revenue they are generating during the covid shut down. And as well if they are obtaining support from the government.
its encouraging trajectory the company is on and if it can survive the next two quarters it really could explode but this is the most challenging of times.