Ann: Share Purchase Plan documents dispatched to shareholders, page-34

Ben Clark is a fund manager with TMS Capital. He was on Livewire today. May be AD8 is not all unloved afterall.

Audinate (ASX:AD8)

Vishal Teckchandani: Okay. It's that time of the episode where our guests reveal their two secret pandemic-resistant stocks. Ben, what have you got for me today?

Ben Clark (Buy): I'm going to go for Audinate, which has just done a raising. This is the globally number one player in digital media networking. So they supply a lot of the hardware and software that is needed for it. They have been hit by COVID, but they raised about $30 million bucks recently, and what they're going to be using those funds for is R&D to develop new products that is going to benefit the COVID environment. So, that's helping their customers deal with employees working remotely, customers buying remotely, online learning. They've got $50-odd million in cash on the balance sheet, their EBITDA positive, great management team, and they're growing eight times faster than their nearest competitor. Truly a great business.