Ann: Appendix 3Y Warburton, page-21

Riddle me this re broker targets.

First of all majority of broker valuations seem ridiculously low for mine, now if i were a broker who still wished to slowly get my fill I would put a pretty low valuation out to give a perception of not much meat left on the bone!

Imo once they have decent holdings here I would bet my left nut that all of a sudden broker targets are revised upwards considerably, what do you think?

The valuations just scream to me "nothing to see here, plenty meat elsewhere"