Ann: Funds Under Management for quarter ended 30 September 2021, page-9

Thoroughly agree with all the above comments. My pain of loss although temporary, is exacerbated by the fact that I sold ABB to take up The PDL SPP offer so at this stage I have double pain. I had a look at the report and could not see any significant reason for what seems to be an overreaction from the market. There will always be those persons/investors who want to draw funds for a number of reasons… property investment, invest in equities directly, personal needs etc. PDL has a good record of their earnings on funds invested, and I think the current drop in SP is extreme and although a drop could be anticipated, I think that the size of the drop is unwarranted and overdone. Disappointing that the drop is significant on a generally UP day and for me, PDL has virtually negated all the gains on my other holdings. A long term buying opportunity I think ?