Ann: Appendix 4C - quarterly, page-2

Disappointing to see sales stagnant, but also good to see they have managed to have a cash flow positive quarter, provides the basis for a sustainable business.

Good to see progress on the M2C strategy move forward, it will be interesting to see what this looks like from a consumer point of view when implemented? The announcement talks about a broad range of products that probably wouldn’t sit comfortably on HT.com.au (unless they reposition the website), so wonder how they reach the consumers with these different product ranges.