Peer Valuation Comparison, page-8

I am sorry bentas, if they serve the same addressable market and have similar value proposition, they can be compared as peers. What makes your management better than BIQ when they have yet to "walk the talk" - so best not to discuss BUD here ok? We don't have transparency issues here, we were not hauled in by ASX with Aware letters. While the comparison here reflects badly on BUD's overvaluation, the point I prefer stressing more is BIQ's undervaluation.