Ann: Capital Raising Placement, page-34

just cutting my losses with regard to china related.
Was only a small position, and i will use my contrarian betting elsewhere.

When you back against the herd, the contrarian bet, is against the many. But you do so, when you think the odds are in your favor. But still requires that your rational of a lame horse, trumps those who think its a dead horse. If their reasons for selling is not going to forever anchor the stock, then a contrarian buy wins. Because the sun does rise someday. ie the many were focused on the wrong metric, a passing storm cloud.

The deteriorating relationship between AUS and China, moves the goal posts that the many may be right in this case. Or that a storm cloud may persist for a period too long.

Its still a cheap play. If people want to bet on the product can be marketed in other locations. It comes down to marketing this product. How, and where.

I accept that it may still go ok, for the product merit (and that is another bet altogether) , and certainly there has been some interest of late. So i wish the new holders the best of luck.