• New "Multi-Parameter Full Waveform Inversion" (MP-FWI) product had US$11mil of new project awards in the last quarter.
• New project announced. "DUG Nomad" which is a mobile supercomputer installed inside a shipping container. Using the DUG Cool immersion system, the mobile contain can be deployed anywhere for "edge solutions" such as defence, mining and education.
• Generally high tendering activity continues, good outlook.
• Still constrained by computer power and expecting new computers in December.

Trading notes after AGM.

• MD Matt Lamont has sold 2.5mil shares (in wife's name), he still owns around 24 mil shares.
• Wilson asset management has sold down their position to under 5%.

Image from presentation of "DUG Nomad":