Ann: Appendix 3B-IOT.AX, page-7

On top of that Sarina I don't think that watch is a part of the collection anymore as it was considered a trial and didn't include many functions the new collection has.
The full collection is of much better quality and has pretty much all the functions the Apple range has yet affordable for the masses as Duffell states.
Not including the amazing new tech that they will be releasing within the watch range in the near future.
The smart watch is in its infancy and given a few years it will be a must have product for day to day living just like the cell phone.

Most people don't understand what this company is out to achieve and they will do it.