Ann: Initial Director's Interest - Appendix 3X, page-21

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    Ozblue

    I don't think the neutralizer is anything sinister. PO3 hadn't been pursuing a desktop/mobile version of their unit initially and the neutralizing filter only came up when that format was presented.

    Regarding the SP. Yes it's in trouble. Beer & Co's target/evaluation of $20 or there abouts was atributing revenue from all 3 verticals, and across US, Europe, Asia & Australia - with greatest weighting to the US. They were expecting EPS to be positive from 20/21 and improving year on year. The coy says OEM's are still in the picture but that's doubtful now that it's been confirmed Australia is the focus, and it is progressing in baby steps with simplified implementations of FRG in order to fast track to commercial release and generating revenue.

    A
    price target a quarter of Beer & Co' previous valuation would be more appropriate medium/long term. But hey there's more than one way to make money in the market and it doesn't take much for a stock with such a low SOI and low ownership outside the top 20 to explode on the slightest wiff of good news - irrespective of any rational valuation analysis.

 
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