This is a solid director buy, though I'm a bit puzzled as to why he's buying at 90c!

I just noticed this line someone had posted I think from the annual report. Maybe trying to strengthen a negotiating position? I don't really know if that kind of thing is done.

An announcement made in relation to the Queensland Government's change.

https://hotcopper.com.au/threads/ann-response-to-press-articles-in-queensland.7228318/

Points of note.

• They don't seem happy.
• QLD is less than 5% of revenue, which suggests to me it's around 4.
• QLD is not yet profitable.
• They operate nearly 1000 centres.

The way the Government and press treat SPZ is interesting. In the UK it seemed like there was an initial negative response, but then the Government after thinking about it realises that not being able to enforce parking fines is a bad idea because then people can just park in ungated business carparks wherever. I'll be interested to see how QLD develops.

I do wonder if the issue of privacy concerns is starting to become a bigger issue.