Ann: 1H FY24 Half Year Results Presentation, page-30

Yes sir Indeed.

Who doesn't love reporting season and who doesn't love to see an investment thesis playing out. LOV is expensive ....because like all truly great companies , no mater the size, they deserve to be. Listened in on MIN at 5am and then onto LOV at 7:30am.

All I know is this- Every single one of my best investments (and they're laid out in plain sight) have always been seen as expensive by those that don't hold and it goes like this:

$5.00 - nah too expensive - i'll wait till it's cheaper
$10;00- nah too expensive - I'll wait till it's cheaper
$15:00- nah too expensive - I'll wait till it cheaper

and so on and so on all the while these companies continue to be superbly managed, allocate capital with care and diligence, have excellent strategy and continue to GROW through all cycles.