Ann: Interim Financial Report 31 Dec 2022 & Appendix 4D, page-8

Not looking for an exposure to RE. I have enough through direct property ownership.

Instead I saw an opportunity for a real disruptive business model here when I met with the management team. Which is why I was interested.

As we know, too many great ideas are killed by poor execution and this is a prime example.

All this 708s that previous supported all the other raises still trapped in here and no liquidity at all for years. So they sit and they wait.

The coming cap raise will be interesting.

10x