I purchased a fairly large stake in the business at IPO. I...

I purchased a fairly large stake in the business at IPO. I cashed out half when it tripled but still hold the balance.

VWT’s are a licence to print money but unfortunately IDZ was a victim of some bad luck with their US supplier suing them etc.

Queenstown is in no way affiliated with IDZ, but having visited the Penrith and Gold Coast facilities (done a few hours flying in the tunnels) I do know that they are relatively busy, but particularly during weekends and school hols. I’ve tried Freak VR and it was pretty good.

Agree their debt and ops cost is challenging forthem, but I think the overall business is sound.