Ann: Full Year Statutory Accounts, page-16

This stock was one I liked but thought it far too expensive for many years. Than after reading your posts on it had another look - it had become a bit unloved in the meantime. Then went to SOL presentation and found that their investment arm - Previously management of Milton had also invested in it.

I think you have found a great opportunity to invest in this company.

Your outlook on this is coming at its lows so I should have been a bit more aggressive but did keep adding smaller amounts upon weakness into the $7.80 and then $7.60 - but it also traded into the high $6.80 area.- around late October - I was having doubts so held off adding but did not sell.

What I found fascinating is the degree of volatility and I suspect its the reaction to gearing and news surrounding interest rates. I just feel the market is reacting to anything at the moment.

Thank you for sharing your thoughts on this.

I suspect that it will present a few more buying opportunities before it becomes expensive again.