Sweepstake for a Dividend, page-7

Hi, Npat is forecast to be between 16-18 million for 2019 not 20 as you stated. Also the current trend for revenue and NPAT for the last 3 years is really bleak. 2017 H1 17.8, 2017 H2 17.8, 2018 H1 14, 2018 H2 11.3, 2019 H1 10.2 and 2019 H2 forecasted at top end of guidance 8.

This is an overall net decline of half on half from 2017 H1 to 2019 H2 of 55%. In all respect I think the market is pricing it with further declines to come so it fair to say giving it a valuation of 40c+ maybe somewhat ambitious.