Ann: Acquisition of XINN and successful institutional placement, page-14

Agreed, I think I’ve mentioned previously that the next 4C will have a big impact on my decision to either hold or sell in the medium term. BTH has been an excellent hold for me, I’ve been here a while & have very much liked the story so far but I’m just not sure if the story is now the same as it has been up until now.

The previous 4C showed flat revenue growth from the preceding Qtr, another similar result will light a fire under me.

My personal bias/preference is similar to yourself & @mal85 in that I don’t mind an acquisition here & there but I distinctly dislike the feeling that M&A has become almost the core business here... Hope is not lost, we could easily see another 1-2 substantial contract wins in the near term with big names attached along the lines of the Nike deal which was super encouraging.