Ann: FY23 full year results presentation, page-12

A mate in qld who knows a bit about these guys. they are getting punished because they drifted to managed services due to a very sheep like strategy. Spirit did it and got a short term price jump so these guys followed like sheep. look where spirit is now. they would of been better off building out a NBN network. they acquired a ISP but it seems it was very small and didn't own any fibre. the basics of profit are own your own network so there is control over costs. no one is interested in this stock. unless they show explosive growth no one is taking notice.