Ann: Response to ASX Aware Query, page-18

I'm slowly forming the view that, given the feeding frenzy seeking to tear apart essentially a good, responsible management team, the investor community struggles to appreciate this company and the discipline with which its management is executing the project. 

This recent reversal with UOL was something the company could not control, though it did teach some important lessons about learning more about the customer's rollout strategy and influencing it where possible to avoid a similar screw up in future.  Strip out the effect of UOL's user purge, and you still have a company that's grown remarkably and delivered quantified improvement in numbers - yet you'd be forgiven for thinking it could do nothing right, if you listen to some of the chatter here. 

Take the cautionary example of a nearby stock exchange - the Singapore exchange has been generally inhospitable to tech ventures, with the result that it is now not a choice venue for interesting or dynamic tech companies. I feel that looking at a high growth company like Dropsuite getting bashed by the ASX investor community for its recent reversal (AND for actions of the previous management teams occupying the same shell!!!), it must beg the question why any good tech company would want to swim in the same waters. If this is normal state for the investor community around the exchange, then it's going to be a hard sell to convince other tech companies to take their chances with the ASX.