Ann: Appendix 4C - quarterly, page-24

It is indeed painful to see the market rise to great heights and out shares in ISX go backward....

But it pays to be realistic and you either believe in ISX or you do not.

In my humble opinion you will not see substantial earnings until the end of the year.
We may see a few sudden big chunks of income from the identification ($20 a pop like we did last quarter) but a steady income flow from repeat transactions will only start showing as from this years end.

In the mean time we should applaud the performance of the team and discipline of the directors on cash management.

I am sitting for the long term and will add more shares every time I have spare cash.