Ann: Change in substantial holding, page-3

Hopefully woodie... I do feel we are pretty undervalued right now. I'm a bit more circumspect on these results tho, noting that some of the more bullish language of results/sales updates past ("step change in FY23") was missing and replaced with more cautious language in the last results announcement. Two days later they let go of Stomping Ground. The more cautious language was no accident, in my view. They should still post a decent result, but I suspect they'll be pulling on the costs lever to get it to a reasonable level. We'll see, I could be completely wrong of course. DYOR.