Ann: Release re Share Transaction, page-33

Lol... notsureifsrs.

Len was always going to sell at some point. Now we get a very strategic sale to a more resourceful and proven international gaming company, clearly aligned with the goals of AGT to continue rapid international expansion AND willing to pay a significant premium to recent prices.

ONE game designer leaving was seen as a huge issue for some reason.. now we have access to so many more! And more titles and IP to utilise in existing and new regions.

On what basis is this a bad deal for the minority holders? Entities with an agenda make a statement with nothing to back it up and people take it as gospel. Im pretty sure Novomatic would like a return on their investment and see the best way to do this is to retain the current operations and management and allowing the business to continue the way it has been running, only with added support.

Anyway, the results were very solid in my opinion and better than my expectations. International revenues continuing to surge and they confirmed profit shouldn't be below last year whilst clearly setting the tone for profit growth in fy17 imo. Margins will kick up as the new cabinet is produced in more economical numbers and the completed cash outlay for the new manufacturing building looks good going into the future.

Big year ahead, but in the long run i think this stock's prospects are looking very, very good.