Ann: Q3 FY21 Appendix 4C and Commentary, page-18

I’m out for now. I won’t downramp. However, My main reservation with holding was no major contracts announced for quite sometime and I was unsure about the viability of BTH against the growing number of competitors in the sales enablement space. As contracts are targeted mainly in the U.S with coronavirus dominating the headlines, I continue with the belief that there may still be a bit more pain for the company. However, I am still optimistic about BTH’s future as management has reiterated their guidance forecast time and time again. Tough decision but had to protect capital and profits after years in this stock.

Now I just need to go back to the drawing board and reassess. Definitely still on my radar and watch list. Pretty disappointed with this decision.

Mr. K