agm 2013 vote pope, page-56

FA is great of you can analyse a stock yourself. Most here haven't got the expertise. True FA will also require investors to get access to all areas of the company. All here will not get that. So we need to rely on others to get the info - always open to manipulation. This is more so in a stock like ndo where accountability is minimal due to the min variety of major shareholders. This is unlike a bhp where multiple influential investors are involved. So while FA is important it is seen dent on who is delivering it.
Len I still can't figure out why people can't accept that FA and TA are incomparable. They are both different disciplines and accepting one doesn't negate the other. They can coexist.