Ann: Further upgrade to FY24 Guidance, page-10

Been thinking a bit about this, becuase the growth is certainly there.

Perhaps investors are still cautious that this growth might only be temporary, a reflection of current market conditions, potentially ending when market conditions improve. In which case, evidence of a structural shift in the Company's prospects might be required to truly buy-in to a long term growth story.

Question is how do you deliver that evidence to investors?

One way would be to provide analysis of the Company's estimated market share, its growth vs market (system) growth, and the size of the total addressable market (TAM).

If there's evidence that the Company is delivering solid over-system growth and there's a 'normalised' TAM big enough to provide long-term growth opportunity, then the investment case becomes a lot more compelling.