Ann: Final Results for the year ended 30 June 2022, page-56

Buy order happily triggered at $12.92.

More gunpowder dry in mid to low $12 area, funded by a sweet TLS (part) exit to those who buy franked dividends. My current little strategy is rotating out of winners to fund future growth. I do not want to add any capital into this market.

Off point I know, but I recall some of those TLS were bought when the then overseas management team would not recommend the stock to their mother at around $2.60. Most were sold at $5 or better 4 years later.

That was a long time ago, and in 10 years' time I expect my heir to recount a similar story when they sell my MFG at a multiple of the current price.

Investing is beautiful when one gets the opportunity to buy at the right price (cheap), wait (longer than you usually want to) and then sell or at least take profits at the right price. It does not always happen, but it is a lot more common than punters may think. That's the difference between a punter and an investor. Goals stay constant but timelines end up being fluid.

GLTASH