1H19 Results?, page-32

If I may offer some thoughts on your dot points:

1. I think this is a symptom of the wrong people being in the stock for the wrong reasons. i.e. thinking a quality, long-lasting business will be built overnight. It took Laura a while to build Bellamys too.

2. See above answer.

3. I think management have been explicit in what they are doing and how they are doing it. I believe when there is something of any importance to provide to shareholders, Longtable will do so. Just because there isn't an ASX announcement every week doesn't mean things are not proceeding along the growth path that management has previously indicated.

4. There could be many reasons for this, none of which are sinister. It is a small team at Longtable and it could simply be that everyone is happy with what they have.

5. The kindest thing I could say about Facebook is this: sometimes when you put the honey out, you attract as many flies as you do bees. Facebook is mostly of the fly, not of the bee.

6. I don't think you can extrapolate a single experience and apply it to represent the overall health and position of the company. And again, there could be many reasons for that experience. Maybe the reason the stores didn't have stock was because they had sold out. A negative becomes a positive.

If I get some time, I will try and post some dot points on what I believe are all the positives that Longtable has going for it. In my view, all the negativity can be put down to one single thing: investor impatience.