I would like to be a fly on the wall in the AFL head office....

I would like to be a fly on the wall in the AFL head office. Westferry continue to buy, but I suspect the most recent purchase of 500k was just providing exit liquidity. Nevertheless, here we are at 12c, probably lower tomorrow too as sentiment is about is bad as it gets.

I'm not expecting amazing results for February given the lack of time from the October and November sh@t show, but I'm hopeful that August will reflect positive changes.

the only reason I suspect that no buyback as commenced is financial prudence. No point buying back shares to provide exit liquidity, then to cap raise. Hopefully when management can build a strong bottom line quickly, and fcf can fund a lot of the buyback.

I am confident in PJ and McFadden, so fingers crossed. We're down but not out.