Ann: Amended Change of Strategic Direction Announcement, page-5

Software is where it is at.... Whether on premise or in the cloud. This is the area where modern fortunes are made. Most would say that what Atlassian, Xero and others is doing is dull, but it makes sense and makes money. I think this looks like a competitor to RFL.

More importantly on their website they list about another half a dozen areas they are getting into. With funds they will be able to invest.

Take your point re cap raise level in Feb.