Growth, page-15

We were close to the mark.

Great result today for the company, team and shareholders.

- regardless of changes in leadership, CAT is delivering now year on year. Shows how strong the boards involvement is (equity is a big incentive)
- Video is still the sleeping giant - personally was looking for the commentary around expansion out of US, which was a clear positive in results and the conference call
- Pushing the point of cashflow positive by FY21, and the executive drive to achieve sooner
- Scaling fast - sales/revenue is going to ramp up even faster this fin year and outspace costs
- Prosumer has a place and should shape up over coming years
- Strong existing and growing exposure to US market ($USD+)

Greyness around CEO/CFO - Still think the company has a for sale sign pitched. Agree with Adirs comments around hard to find a CEO who can fit skillset so fair reasoning if not for sale and being patient.

Regardless next 12 months is shaping up to be a big positive momentum should continue.

Congrats to the CAT team and all shareholders who have being patient (and buying) during the recent periods of irrationalism.