Unearned Income, page-3

Yes you are correct.

However, because the unearned income of $13.4m is ALL classified as "current" in the balance sheet, that says to me that ALL of the $13.4m will be reflected as revenue in the y/e 30/6/15. I.e. if any of the $13.4m relates to the y/e 30/6/16 or later, then it should have been reflected as "non current" in the balance sheet. Hopefully, the accountants and auditors got it right......

So this is a fantastic situation to be in. We have $13.4m in revenue for the y/e 30/6/15 before the year even started! Couple that with potential US sales and we are about to have another record breaking year.

All of which says to me that sp of 50c is still cheap!
I've changed my sentiment from "none" to "buy".