Importantly (and surprisingly):"The Company recently lodged (30...

Importantly (and surprisingly):

"The Company recently lodged (30 July 2010) its Appendix 4C cash flow report for the three months ended 30 June 2010. In addition to information contained in that report, the Company confirms that its forecasts and current operations indicate that it has sufficient cash reserves for all planned operations in FY2011. Further, the Company confirms it is presently debt free and is trading on a maximum of 30 day credit terms with all suppliers."

Bought once more as I'm fairly confident on current valuations given that net farmgate sales are on the improve & the SBT Breeding Zupdate are also on the improve. A very bullish update. The market will eventually like this IMO.