Ann: Business Update presentation, page-6

Domestic (NextTelecom?) went backwards year on year after the market was told it was doing well. Managed Services figures on the presentation (5 months in FY22) indicate flat or falling on a full year basis. Global was going to be gang busters but grew 10% off a very low base. I copped this type of messaging from Vonex for years so understand how to interpret it. They need to show genuine growth and deliver a NPAT profit of $2-3m or it's all just smoke and mirrors. I've said it before. I cannot believe the Chair is still there after riding this down from 25c and barely moving the gauge over the last 4 years. Actually it's 6 years now. If they want to send a signal to the market that they are serious they should start there.