Ann: Change in substantial holding from MUFG, page-27

You have obviously done better than I have. I averaged down for 12 mos and decided there were too many risks going forward after the fires in Vic & NSW. They still owe me a swag. Have sold a few anyway just to reduce exposure but certainly glad to see a glimmer of light at the end of the tunnel. The Trudeau boys have been hurt a lot financially but they have managed to keep the business going and I expected them to pull through otherwise I would have pulled out entirely. Those that bought at the bottom and took the risk will already have a couple of bags and they deserve it.