Ann: Supreme Court Order Granted, page-21

The Most Undervalued ASX Stock in Our PortfolioWhiteHawk Limited (ASX: WHK) is back on the boards and we believe it is currently the most undervalued stock in our portfolio.This $28M cybersecurity tech stock is trading at just 16 cents, despite recently being awarded a US$1.5 million (A$2.1M) contract extension with a US federal government department.This dollar value of this contract extension alone is more than WHK’s entire 2019 revenue.This validates WHK’s cybersecurity technology and its value to the US government in combating cyber threats.We added WHK to our long-term portfolio in May 2019 as our Pick of the Year and since then it has accumulated several large cybersecurity contracts with multiple US federal government departments.It also has major contracts with US corporations and SMEs, with its product suite meeting the needs of businesses of all shapes and sizes.The nature of these contracts, along with WHK’s highly respected management team led by former deputy director of US Naval Intelligence, Terry Roberts, has us confident that the deals will continue to roll in.The latest extension is not the first and it won’t be the last of these contracts for the $28 million ASX junior.We are long term investors and have high conviction in the future of WHK. We have increased our position twice in WHK since we first invested.Our other tech pick MYQ is up over 1,000% from 11.5c to $1.20 touching as high as $1.49.Now, that WHK is back trading again and given the contracts it currently has in place we believe it to be the most undervalued stock in our portfolio and expect it to continue its upward momentum over the next 12 months.