Ann: Response to ASX Query, page-128

My portfolio always contains 5 % to 7.5% of shares I call as gambles.. happy to loose some and hopefully any win is large enough to counter any loses.
When GMV showed all the red flags I decided to sell down and reduce my holding to include it in my gamble shares as a penny dreadful.
It proved to be a good decision , there is absolutely no way GMV is an investment grade share, no matter how hard you talk it up.