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

There appears to be a lot of nonsense posted on HC in terms of SPA recently. With the company update published yesterday it is pleasing to see the progress being made.

FY23 was always going to deliver a mixed result given the transition impact of changed strategies with a new CEO and Board. The ARR increasing 33% to $8.3m is a highlight that bodes well for FY24. I look forward to SC talking more about FY24 plans and achieving sustainable profitability. Any concerns about the cash position and PAM appear to be exaggerated. Good news ahead. DYOR.