Yes, but the opportunity for another CAR, REA etc type investment in the next-gen field is above average potential.
CAR had massive writedowns in 2018
REA had massive writedowns in 2017
and recovered strongly 24 months later.
I want to give it every opportunity that its a solid long term investment so from my selfish end its "hands off" unless the take over is at least 100% above my base case 3x revenue valuation at $20m revenue per month
Ann: Q2 FY24 Quarterly Activity Report and Appendix 4C, page-64
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