Ann: Media Release - Motim Update, page-2

I’d like to see where they get their figures about average growth rates of High growth firms.
The OECD define a high growth firm as having greater than 20% growth for 3 years and a minimum of 10 employees.
I don’t think I’ve ever seen any figures averaging the growth rate of all firms over 20% growth rate.
None of the other PVL portfolio meet the criteria of a high growth firm. They are rare the world over.
I have no doubt that Motim aren’t performing to initial expectations and valuatations but they need to accept that the value is gone. A convoluted transaction doesn’t change that.