next week outlook, page-36

Wow - that's pretty amazing that a competitor of BTH comes out on the front foot like that.

It's not often you see that, and it is hard to know what inspired them to come out swinging like that.

I have been a long term holder here, and it will be very interesting to see how the latest acquisitions perform going forward.

BTH's quarterly reports have been a bit all over the place - with the latest 4C ($3.78m cash flow positive excluding grants) being a massive step in the right direction due to huge cash receipts (and also helped by a large $1.224m government grant).

But total outgoing have also been increasing significantly - no doubt primarily due to all the recent acquisitions.

I would really like to see some consistently great quarterly results before declaring the recent acquisitions a resounding success.

Then, when combined with 30% + organic growth, we will have an awesome & profitable business going forward