Very happy with that full year result of NPAT $9.9m - right on the spot, but also very cash generative in second half (about $8.6m I think) and paid down another $10m of debt.

Dividend of 3.5cps will also edge it towards greater visibility.

Further improvement to come in NPAT this year - I value at $1.20 ish, so think the current 86cps still reasonable value.