Ann: AS1 Company Response to PIRSA letter, page-25

Great to hear you have steady hands trippsy, if all IPO holders had your mentality we wouldn't be seeing these bargains... Many holders clearly did not understand the risks involved with our operations and are consequently selling at the bottom to a very lucky few. As I have stated previously, I am glad this has occurred so early in the piece as we should have now filtered out the weak hands and have an investor base that sees the bigger long term picture. Looking forward to watching the register tighten and enjoying the ride over the next 12 months