Ann: Response to ASX Price Query, page-28

stupid theory considering A2M are profitable. Im sure if one dairy company can become profitable others can to? Obviously the start is hard when you are trying to establish a footprint but once established margins are adjusted and profitability occurs. Remember A2M were making 80 mill revenue at IPO with only a gross profit of 4 mill. Now look at them. All BUB needs to focus on like all dairy companies is continue growth in revenue and revenue paths. Like I said once BUB is churning 100 mill revenue a year then the rest will take care of itself.