Ann: IEC Update August 2019, page-20

Been holding this for years, a small parcel, and even topped up when things moved up earlier this year after a ex directorish ramp. But after 40 yrs, spec crap is very very very rare for me...and there goes another $10k lesson. Not withstanding that, Mr S appears to have lost, on paper at least, upward of $350k plus, from large shareholder disclosure forms seen in announcements. I recall years back the late Rene R saying.... the only way to play the asx is to 'buy fallen blue chips' and nothing else...hmm.....no point in selling now, the ship (yes... that's ship) has sunk. On the upside did buy banks at the end of the commission...probably a Rene style no brainer one would think??