90% chance of $3, page-69

Hey mate. Completely agree. Done quite a bit of in depth research on Aconex but also away from the Aconex spectrum and the market is f*cking huge and Aconex provides the best platform to solve the current issues regarding construction.

Will be up against industry heavy weights such as Textura and Procore but everything I have heard and read only further reiterates my views that Aconex is a superior platform.

Procore expects to generate around $75M (US) around $98M (AUS) in 2016 from upfront 12-month license payments and we have had done >$120M(AUS) and are just entering the US market.

With integration and implementation of cost management within ACX during FY17 expected and further R&D, I can only see ACX further improving their market share over other competitors. This will be the Facebook of construction SaaS platforms.

And to further add.. we are more diverse across the globe across many more markets than our competitors and the first to well and truly embark into Asia.