Ann: IOOF Retail Entitlement Offer opens, page-124

Yes, Norah, indeed. This whole depressed state of the economy is something we have been waiting for for months and months. We remember kicking ourselves during the last big downturn, a long time ago, for not taking full advantage of the cheap stocks which became available, and we vowed never to let that happen again. Consequently, this downturn has been a boon for us. We also have been buying up IFL. We keep in view the good quality stocks, which maintain their value, for instance, the patents and intellectual property stocks, which grow when times are a'changin'. This difficult time everyone is going through is just the cleaning out of staid old values, waiting for the storm of renewal. This cyclical movement has been going on for eons. It is useful to step back and recognise it, and not be negative or afraid, and practice patience. All things come, to pass.