up 25.714%, page-9

re: conch shells up 25.714% Auntie

Mighta been Eddievan? I don't think Eddie lives here anymore.

The last time you were here PHL was being averaged down (20c) - I did suggest it was a bad idea for Alpha and fortunately he stopped out (3c now) - but then no one likes a smart A.

Conch shells, by the way, can serve almost the exact role as gold - they are rare, they can be used as jewellery, and can be a measure of wealth. In fact, there is no difference except some people believe that there is - hence the publication of the POG in the media.

Re QBE - I think they have some exposure to oil wells in one of those "Araby" countries but I haven't noticed much news about arab countries in the media lately.

regards