Ann: Appendix 4E and FY2017 Financial Statements, page-36

Thought that might be the case, either that or you deserved credit for being amazingly rationale at 4am for someone who likes to party hard.

Do you hold any companies you’d consider superior quality? I’m trying my damndest to improve the quality of my portfolio but end up picking up cyclical businesses and recycling them, which is taking up far too much of my time, esp as I’m not a financial professional. The likes of csl and dulux just get more expensive by the day, and I can’t help but regret not buying more. I guess it’s patience that is required here but I prefer to be fully invested if possible. Thanks in advance.