Interview by Alan Kohler for The Constant Investor (paid...

Interview by Alan Kohler for The Constant Investor (paid subscription):

https://theconstantinvestor.com/lighting-the-way/

Alan's a holder and clearly likes what he sees. Interesting to get more info about other models to simple capex (eg. recurring revenue models), the future of NCF (might be spun out), and a really intriguing anecdote about VIV spotting a roof coming off during a storm...

You also told me the other day, you were able to tell somebody that their roof was coming off?
Correct.  That’s a really interesting example.  We have a customer, a very big global brand, they’ve got their biggest distribution centre for Asia-Pac in Melbourne.  It was middle of the week, one of our operations guys happened to be in Perth and he got a notification that the light levels, the amount of light that was being picked up on our system in a square metre of a facility that was almost 40,000 square metres was very high, unusually high in just a small corner of the warehouse.

He rang the Head of Operations and said, ‘Look, I’m over in Perth but I don’t know what’s going on in your facility but it looks like there’s something wrong in this square metre and we’re seeing very high light levels.’