Enjoyed lunch but missed the presentation. A bit disappointing...

Enjoyed lunch but missed the presentation.

A bit disappointing to see the share price drop after the presentation and close down 4%.

Whilst it all sounds great with everything going to plan why did the presentation fall flat?

Could it be because it didn't sell the free cash flow story . Thats the main thing I want to know.

Everything going to plan means nothing if don't know what the plan is likely to deliver in free cash flow.

The only mention I could find was the adds >$40mpa slide.

Maybe the ES being over a year old means it's passed it's use by date. If that's the case then if they want to present at conferences in a meaningful way they need to issue a new forecast IMHO.