Ann: Investor presentation, page-4

Yes, don't get me wrong: RWC is a well run company that innovates in a highly technical, specialised space. An advantage is high barriers to entry, although do nations like mainland China slavishly copy designs even if patent protected?

Agree too many have myopic vision. I am not immune.

Although under acquirer Macquarie previously listed Bingo Industries (BIN) has had a financially rough time, I would have preferred to retain that scrip. BIN's scale is challenging to replicate.

UMG has been a poor performer and I profitably sold months ago due to a perception of a below average Board and management, but it has innovated, yet is another set to be swallowed by foreigners.

I too accumulated a few more RWC.

Companies moving off the boards and new ones joining are an ASX constant. It can seem 'wheat' is departing while on occasion 'chaff' joins, a la Matthew 3:12.