Ann: Appendix 4C - March 2019 Quarter, page-33

well being a contrarian investor, the requirements are -.

buy when the sentiment is worst, and the sp reflects it
there is a legitimate heart beat - the sp has risen showing general punter interest, but been dumped by note holder or Nick selling. ie the market is willing to bet.

there is a fundamental bet brewing. Not a dead horse. Revenues could flow as partners get their shoes on.
Could, but not guaranteed. That is the bet.