Ann: Managing Director discusses positive outlook for 5GN, page-6

Yes good interview. They have always said $3-5m EBITDA this year and he has now stated that they will do around $4m, smack in the middle of guidance and I would be surprised if they didn't achieve than that. So add on profit from the recent data centre acquisition next year and we get $5.5m without taking into account the fact that they are growing organically at around 20%. Taking this into account we are probably looking at $7 plus EBITDA excluding other acquisitions in FY 2020. Even if they only made one more acquisition like the recent data centre they would hit $10m EBITDA in my opinion and considering the cash that they now have, it would be very conservative to think that they wouldn't have bigger or multiple targets. My guess is we will see more data centres added in the near future as hinted to in the interview.