Ann: Quarterly Business Review and Appendix 4C, page-11

There is some irony in “PotStock” 88 not being sure if this “sector” is trustworthy. Let’s see how valuable the cannabis companies are in a few years time eh

What sector are you referring to anyway? Nobody has yet explained how JAY has anything to do with GSW - I’d love to hear an explanation. It needs to be more than the fact that one senior employee went from one to the other. Alison Watkins went from CEO of GrainCorp to CEO of Coke - senior people have skills that transcend industry/sector.

Business model, product/platform, valuation, earnings profile - none of it aligns.

Secondly - JAY specifically call out in their 4C how much of the cash balance is customer float, so what’s untrustworthy? They also haven’t provided forecasts or forward looking statements in general at any point, which is rare for a small biz like this. So I ask again what is not to trust?

But yes see you at 35c.. probably right but so what? A guess on a share price does not equate to an investment or divestment thesis.

Would appreciate some thoughtfully articulated concerns that can actually be debated