Ann: Response to ASX Aware Letter, page-32

That's my policy too. Until something actually goes wrong I'll hold but it's not a large position for me simply because the company doesn't have a long enough track record and I don't know anyone from the mangement. I.e. trust issues.

going just by performance so far, the stock is still under priced. The upcoming Q1 report should give us insight into growth for this year but previous years have been so lumpy that one can't predict earnings. I think that's a key reason for the stock priced where it is - there is no visibility or reliability of future earnings. For me earnings or revenue going bacwards would be a red flag and while that doesn't mean the business is dead, it would mean it doesn't deserve the current PE ratio