Ann: Change of Director's Interest Notice, page-36

Hi Horse, I can agree with you on that.

In my opinion, the choice of EBO/API/SIG should focus more on their long-term strategy and business development rather that the figures. That's all I am implying.

EBOS = diversify within healthcare
API = offset risk with non-healthcare revenue
SIG = M&A to grow geographically

It is not insider knowledge that SIG has been acquiring smaller CSO wholesalers to achieve expansion of CHS network into VIC/QLD in 2017/18 (already established at present) & into SA &WA by end of 2018. So that's what the future holds for SIG.

I personally prefer EBO & API's models but oh well, I could be wrong given that based on your figure SIG is a lot cheaper.