Ann: Quarterly Results Investor Update Webinar, page-3

$3.4 mio aud options to be converted in june and they have more than enough cash without sales increasing (which they will) to see this year out but i would suggest that given their design wins and that they are now at 35 new design wins in companies that behind the scene are serving or building networks for businesses in all sort of sectors like medical .. automobile ... agriculture ... survey ..deliveries .. postal... food ...military... smart cities... first responders and the list continues that they have probably been approach direct .. it wont be long i would think given the current global chip market shortages and general supply issues that if someone wants to jump ahead of the rest of the market a cornerstone investment would be the smart option possibly leading to maybe ever takeover or merger as teh sector consolidates .. cash now is the last thing they need to worry about given the money that is being globally invested in drones ... plus look at the past few quarters... a lot of money has gone into building that inventory positions so corporate cost are more than reasonable