Vocus Group Limited

Uh, and then e- eventually merged the business with Vodafone Hutchison Australia in 2020.

Uh, in 2025 it sold its non-mobile fixed fiber network and, uh, and I think its enterprise business to Vocus for $5.3 billion, and Solpats took that opportunity to exit stage left.

They've actually collected, I think, between 650 and 900 million, I can't get the exact number.

A pretty impressive return.

Yeah

... um, the very first stock that I invested in was Vocus Group, which is a telecommunications business, um, in Australia.

And they-

Yeah

Awesome

... and as I mentioned earlier, the, another early investment was Ramsay Health Care, and I can't...

I, I think this was just another one like Vocus Group where I sort of just looked at the very basics, looked at their revenue growth, and was like, "Oh, that's kinda good for the last year, and they've got a low P/E."

Yeah.

It's about $7 billion of revenue.

And I took this opportunity at a company called Vocus.

It was a turnaround.

Mm.

And so I think giving real clarity, you know, in what are the three most important things in a timeframe, and box the timeframe, right?

Yeah.

I remember when I was at Vocus, I think that was one of the, one of the sort of highlights of my career, and the reason being that- Uh, when I joined, Kevin Ross had done a brilliant job as the CEO.

What he'd done is he told the market, and we were a listed company, "This is a transformation-"