Undervalued Cash flow positive business, page-40

Hi All,

The company made it very clear in Feb that it had a plan for the future and was conducting a review. Matt has dropped hints along the way about his view that this company has the most upside he has seen in a stock in this industry.

There has been and will continue to be buying opportunities between now and end of month before the 4C is released.

This will then set the tone for a rerate or more of the same dependent on results and forward vision for new FY.

There is also some M&A activity in the industry and we may get an offer at these low ball prices.

Reminder of what he said in Feb for those that missed it