Ann: Appendix 4C - quarterly-AHZ.AX, page-84

I learned a long time ago that something (anything) is only worth what somebody else is willing to pay for it. In this case, I'm betting that reliable earnings growth in years to come is something that someone else will pay handsomely for. At that point what we're worth will be assessed in a new light, and based on new information.

For the record, after Wayne's initial shareholder presentation, and some of the historic (extremely valid) reasons for the SP decline became obvious, I have the company till the Feb FY report to impress me with the turnaround progress. This 4C was a warm up.