Reality Check, page-15

Good luck to all. Have to say seems a little strange to me that people are still bailing when everything that the company covered in their latest presentation is actually coming to fruition.
Been here since the float, own a few more now than I did then, understand the disappointment.
However, if you look at their strategy at present, its almost exactly what is playing out.
Of their disclosed longs over the last 48 hours URW +47%, SAf +17%, SCG +14%,OSH +16% and there are another 5 around 7 or 8%.
This is exactly why I do own them, to give exposure to things that I might otherwise not own.
Important that they only make up a % of the portfolio that one is happy with, because they are volatile, but I still think they are not stupid.Couple of other things maybe, but not stupid.

For those that want out suspect there will be opportunity over the next week. Not sure how the Ausy market will go today but if nav doesn't hit close to $2.20 following these moves I will eat my shorts, share price may still lag because the buyback price will rise too slowly to be of any use at the moment, but a bit more upside from here in my opinion.