DW8 Growth, page-11446

threats from my SWOT analysis were failure to continue improving costs to revenue ratio resulting in a re rate (essentially to where we are now anyway). Larger competitors realising how efficient the model is and copying it with their own technology (I believe we will have a large enough head start to mitigate this by the time anyone realises)

ultimately the strengths and opportunities far out way the weaknesses and threats and the current valuation means very low downside risk. It’s like flipping a coin and getting paid 40:1 odds if you win.... in the long run statistically you end up on top, this is my view point anyway.