Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-6

They've increased on-net subscriber growth every quarter, growth that should accelerate with the roll-out of Terragraph which will connect customers who don't have line of sight to towers, a large untapped market. The 50 from-NBN connections is positive given the large margins they make on fixed wireless compared to NBN resale. The capital required to roll-out their network has always been obvious, that they're growing before they've rolled out Terragraph which will vastly increase their fixed wireless reach, as well as cloud gaming to generate a passive income, are all positive to me. It's still a long hold as it always has been for me, the real test will come in the quarterlies after this year when Terragraph and cloud gaming have been rolled out - which is where the untapped potential for quick growth is.