Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-6

A lot of rehashing but some greater transparency in general which is welcomed. 2026 BE is painful, but i'd rather a realistic review than the previous highly optimistic market statements. The statement that every dollar is assessed against ROI is so rudimentary, yet was a lacking feature under some previous direction or at the very least not emphasised.

No issue with later breakeven if there is a steady forward progress on deals and market penetration which realises a continually growing revenue base.

Was I expecting much more from this quarterly given BT's time at the helm, not particularly. But I do hope the next 3 months delivers at least 2 more deals, one of which is major in revenue.