Ann: Becoming a substantial holder, page-19

It's handy to compare. I look at the stock turnover rate for GUD which has fallen back to about 2 - so the stock on average is turned over about twice in a year. In an effort to establish a degree of comfort about that number I looked at BAP and saw their stock on average is turned over about 2.4 times per year. Not sure that that gives me comfort by the way but contributes towards me establishing a view on such matters. In other words they're sufficiently similar to make comparisons useful and, therefore, helpful.