Still very spec play, but that LRG quarterly deserves some...

Still very spec play, but that LRG quarterly deserves some comment. Not sure where else you'd pick up $5.4m cash and a quarterly free cashflow of $1m (ytd $1.8m) on a market cap of just $8.9m.

(Could dilute that to $10m market cap allowing for the 39m of exec options, but I think from memory they have to stump up with 3.5cps, so, at current prices, they come with an equivalent amount of cash).

Most likely will be some bumps at some stage re contracted revenue, but the Airservices Australia contract will keep rolling out for rest of calendar year, plus other contracts announced due mostly in current period and also seeing a few decent orders flowing through on AusTender of late. Should keep them ticking along and upwards into FY.