Ann: Appendix 4C - quarterly, page-25

Consider the possibility that perhaps I do. That's why I didn't say doubled business. I said doubled activity. That's because its now a blend of businesses.

You are looking for a tech valuation on a business telling you its a tech business but producing non-tech product margins. I'm not talking about EBITDA or gross margins, just pure product margin. It's not comparable to any other "tech" stock in the XTX. People just don't want to understand.