Ann: Quarterly Activities Report and Appendix 4C, page-32

I'm a big believer in Buying into a company who's directors have plenty of the skin in the game. It's pretty simple - If they win, we all win.

Secondly, having a company who's directors are passionate about their field and aren't there just to made a quick dollar.

BET has both of these covered. Watching Videos of Todd, Jake, Matt Davey etc speak you can tell they are very intelligent, love what they do and the drive is there to succeed.

Horse racing is also one of those tight knit industries where it's very much a way of life. I don't think you ever out grow it. It's very encouraging to hear stories from Helpneeded explaining the down to earth nature of the BET team. Also hearing from Conboy and those in attendance @ Monday's meeting who were equally impressed with Todd happily having a chat with the guys.

We have some big milestones coming up and Im backing our management team to Continue delivering on their strategy.