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Ann: FY24 Results Presentation, page-42

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  1. 54 Posts.
    lightbulb Created with Sketch. 25
    Okay, that's positive.
    The annual report (pgs 24 & 25) has a bit on idoba. It sounds great...I like the innovation and ambition, it will provide them an edge if they can deliver it at a competitive price..
    I note they have 96 people in this team and are spending significant money on it. My caution is that these types of projects can become blackholes and difficult to judge objectively (because they are someone's pet project). I hope they have some strong objective management with software development experience overseeing it.
    In a very competitive sector, they need to keep such projects under a very tight leash.
 
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