Ann: Bell Potter Emerging Leaders Conference Presentation, page-17

Thanks, but I am more focused on the underlying business valuation, that what others are doing.
In otherwords I am not a momentum speculator, trying to position myself ahead of institutional investors buying and selling.

My focus is on the valuation of the underlying business, and then comparing that valuation to the pricing of the securities against that valuation.

For a cyclical company like IGL, all I have is the historical financials, I don't have access to the future financial estimates, and I don't work at the company, I don't really know whats going on.

And IGL is not a segular grower, its a cyclical company and its a small cap. Often insiders have more knowledge than us, and whilst they might not speak publicly, their actions get reflected in the share price.

Trend is not our friend.

We also don't know how IGL is coping with the macro factors flowing through business in Australia.

We will get an update (hopefully) at the AGM.

But for now I am keeping my position small, and not adding yet.

Protect one's capital!!!!
Sun Szu art of war applied to share investing.