Good to have you back Goldbull22 - can always count on you when...

Good to have you back Goldbull22 - can always count on you when the momentum shifts. Most of what you say is true apart from your airy valuations, but profitability doesn't matter now (or in the past 3 years) - it matters if there isn't a path to profitability. All the investment banks & brokers covering the stock think there is a path to profitability - including UBS. If there isn't, then obviously the stock is worth far less, but this is still IMO 2 years away from being proven. For what its worth, I don't expect a net profit until FY2021 at the earliest (which gives you another 18 months or so off banging your drum) & if there is further expansion, maybe FY22. I do, however expect that AUS operations become materially cashflow positive in FY20 - if this is the case it will give everyone evidence on potential future profitability. If the AUS ops aren't materially cashflow positive, then questions will be legitimately asked. Be careful about suggestions on what people are buying & your opinion on the clientele - the only things that matters are transaction volume, total transaction value & active customers.